Volvo has released pricing details for their new entry-level electric SUV Volvo EX30 2024. With a starting price of $34,950 in the US, deliveries of the EX30 are expected to begin in mid-2024.
The EX30 will be offered in single motor and twin motor all-wheel drive configurations, single motor EX30 has a 275 mile range in the Extended Range RWD trim starting at $34,950.
Stepping up to the twin motor AWD boosts performance but decreases range slightly to 265 miles. Pricing starts at $46,195 for the AWD variant with Plus trim.
Positioned as a premium competitor to EVs like the Hyundai Kona Electric and Chevy Bolt, the EX30 promises up to 275 miles of range and fast charging capability.
Volvo estimates the EX30 can charge from 10% to 80% in just 26.5 minutes on a DC fast charger. Other highlights include seating for five passengers, up to 2000 lbs of towing capacity, and 0-60 mph acceleration as quick as 3.4 seconds.
With an eye towards sustainability, Volvo aims to build the EX30 as its first climate-neutral car by reducing emissions in manufacturing and electrifying the vehicle.
By pricing the entry-level EX30 competitively and emphasizing eco-conscious production, Volvo hopes to make an affordable yet premium electric SUV appealing to US buyers when deliveries commence in 2024.