Regardless of its smaller dimension, Volvo’s most cost-effective electrical SUV is already having an enormous affect on gross sales. In 2024, its first yr available on the market, Volvo offered almost 100,000 EX30 fashions. With deliveries now kicking off within the US, the EV is poised to see much more demand in 2025.
Volvo EX30 secures almost 100,000 in gross sales in 2024
After delivering the primary fashions in December 2023, Volvo anticipated its new lower-priced electrical SUV would turn into one in all its greatest sellers “within the coming years.” Nicely, it appears to be like like that’s occurring even before anticipated, incomes it the title of Electrek’s EV of the yr in 2024.
Volvo introduced this week that it set a new international gross sales document in 2024. With over 763,300 automobiles offered final yr, Volvo’s quantity was up 8% from 2023. The corporate reported “a big improve in gross sales” for its electrified fashions.
In 2024, Volvo offered near 352,800 electrical automobiles (EVs) and plug-in hybrids (PHEVs), a 33% improve from the roughly 266,000 offered within the prior yr.
Volvo’s totally electrical automobiles carried the expansion, with gross sales surging 54% final yr. In complete, Volvo offered 175,194 EVs globally in 2024.
The brand new EX30 contributed 98,065 to the gross sales complete alone. Volvo calls the EX30 “a cornerstone” of its EV technique. In August, the EX30 was already the second best-selling EV in Europe behind Tesla’s Mannequin Y. On September 30, Volvo introduced the 100,000th EX30 rolled off the meeting line because it rolled out to new markets.
Beginning at round 36,000 euros ($37,000), Volvo’s compact electrical SUV is without doubt one of the most reasonably priced EVs in Europe.
Regardless of its lower cost tag, the EX30 nonetheless presents the tech, security, and premium really feel anticipated from the Volvo model. The inside nonetheless options Volvo’s signature Scandinavian design, with a 12.3″ tablet-style infotainment system (with built-in Google and wi-fi Apple CarPlay help) on the middle of an in any other case minimalistic cabin.
With deliveries now kicking off within the US, Volvo’s most reasonably priced EV is anticipated to see much more demand in 2025.
The EX30 is presently obtainable within the Twin Motor configuration, beginning at $46,195. Upgrading to the Extremely trim prices $47,895 and consists of extra options like Park Pilot Help, Pilot Help, Lane Change Help, and extra. The AWD mannequin gives an EPA-estimated vary of as much as 253 miles.
Volvo mentioned the long-awaited $36,245 Single Motor configuration could be obtainable in early 2025 with as much as 275 miles vary.
Electrek’s Take
Volvo’s early dedication to electrification is already paying off. After promoting extra automobiles than ever final yr, can the corporate high it once more this yr?
With new EVs just like the EX30, three-row EX90, and the premium EM90 minivan (in China), Volvo has laid the groundwork for one more robust efficiency in 2025 as output ramps up.
Different legacy automakers, like Hyundai and Kia, additionally had a breakout yr in 2024 with new EVs, just like the three-row EV9 and IONIQ 5, seeing robust demand.
2025 is shaping as much as be one other huge yr for electrical automobiles, with new fashions arriving from almost each firm. What EV will come out on high this yr?
As Electrek reported final month, the Volvo EX30 is arriving with as much as $9,000 in reductions within the US, undercutting Tesla’s Mannequin Y. If you happen to’re prepared to take a look at Volvo’s new electrical SUV for your self, we will help you get began. You should use our hyperlink to search out one of the best offers on Volvo EX30 fashions in your space at this time.
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