Volvo is expanding its EV lineup with the EX60, a mid-size electric crossover that aims to compete with the Tesla Model Y, Hyundai Ioniq 5, and Ford Mustang Mach-E. Built on an advanced 800V platform, the EX60 promises faster charging, improved efficiency, and lower production costs.
A Perfect Fit for the Market
Volvo’s current EV lineup includes the compact EX30, the premium EX90 SUV, and the ES90 sedan. However, the aging XC40 and C40 Recharge models have struggled in the U.S. market. The EX60, positioned in the popular mid-size crossover segment, is expected to become Volvo’s best-selling electric vehicle.
During the reveal of the ES90 electric sedan, Volvo briefly teased the EX60, hinting at its official debut later this year. While details remain scarce, this new EV is expected to deliver strong performance and practicality, making it a top contender in the growing electric SUV market.
800V Charging for Faster Power-Ups
One of the biggest highlights of the EX60 is its 800-volt battery system, which enables significantly faster charging times compared to traditional 400V EVs. The ES90, which shares the same SPA3 platform, can add up to 186 miles of range in just 10 minutes using a 350kW DC fast charger. If the EX60 offers similar charging speeds, it could be a game-changer for long-distance EV drivers.
Built on Volvo’s New SPA3 Platform
The EX60 is Volvo’s first vehicle on the SPA3 platform, a more flexible and cost-efficient architecture compared to the previous SPA2. This modular platform allows Volvo to produce a wider range of EVs, from smaller models to large SUVs, while keeping costs down.
More EVs on the Way
Volvo isn’t stopping with the EX60. The Swedish automaker plans to launch two more electric models and a long-range plug-in hybrid in the coming years. Volvo has adjusted its EV goal, now aiming for 90-100% of sales to come from electric and plug-in hybrid models by the end of the decade.
With its modern design, fast charging, and competitive positioning, the EX60 could be the breakthrough EV Volvo needs to dominate the mid-size crossover market.