en.Wedoany.com Reported - Volvo Cars has adjusted the prices of its small electric SUVs in the Australian market. The price of the EX30 Single Motor Extended Plus variant has been reduced by $10,000 to $49,990, while the EX40 Single Motor Extended Ultra variant has been cut by over 9% to $69,990. Both prices exclude on-road costs.
A Volvo Cars Australia spokesperson told CarsGuide: "In preparation for the arrival of the game-changing EX60 in the local market, Volvo Cars Australia has repositioned its 30 and 40 series full-electric models." The spokesperson added: "To accommodate the arrival of the EX60, we had to adjust our current strategy. When this full-electric mid-size SUV launches, it will be a game-changer in the largest EV market segment in terms of range, charging speed, performance, and price."
At an investor briefing in Stockholm, Volvo's Chief Commercial Officer, Erik Severinson, confirmed that the upcoming EX60 mid-size electric SUV will be priced on par with plug-in hybrid vehicles in the same segment. Based on the price reductions for the smaller SUVs, the starting price for the EX60 is expected to be around $74,990, aligning with the entry-level XC60 Plus B5 Bright AWD. The flagship XC60 Ultra T8 plug-in hybrid is priced at $101,990.
The EX60 mid-size electric SUV will offer two powertrain options: the P6 Electric rear motor delivering 275kW/480Nm with a 0-100km/h acceleration time of 5.9 seconds; and the dual-motor P10 AWD Electric delivering 375kW/710Nm with an acceleration time of 4.6 seconds. It will be equipped with a 95kWh battery, providing WLTP ranges of 620km and 660km respectively. Based on the new SPA3 platform's 800-volt electrical system, the P6 can charge at up to 320kW and the P10 at up to 370kW, placing its charging performance among the industry's best.
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