Volvo is gearing up to launch its new electric SUV, the EX60, in 2026. This vehicle will offer an electric alternative to the popular XC60 and will be built on the new SPA3 platform, marking a significant evolution in Volvo’s approach to electric vehicle (EV) design and production.
The SPA3 platform represents a major step forward from the current SPA2 platform, which underpins the upcoming 2025 EX90. One of the key innovations of the SPA3 is the introduction of mega casting. This technique involves using large single castings for key vehicle components, such as parts of the vehicle floor. Mega casting reduces the number of individual parts needed, which lowers vehicle weight, enhances range, and improves interior space utilization. Additionally, it streamlines the production process, making it more efficient.
Scalability and Integration of Volvo
The SPA3 platform is designed to be highly scalable, supporting a range of vehicle sizes from subcompacts to full-size SUVs. This flexibility is achieved through the integration of advanced software systems and electrical architecture, which will also be used in the SPA2 platform. This shared technology will help Volvo maintain consistency across its vehicle lineup while advancing its EV capabilities.
Volvo’s Electrification Strategy
The EX60 is part of Volvo’s broader strategy to expand its electric vehicle offerings. The company had previously set a target to become a fully electric and plug-in hybrid brand by 2030. However, this goal has been revised. Volvo now aims for 90-100% of its sales to be comprised of EVs and plug-in hybrids by 2030, with a small percentage of sales coming from traditional gas-powered vehicles. The EX60 will be one of five new EV models Volvo plans to introduce, including the ES90 sedan, which will use the SPA2 platform.
With the EX60, Volvo continues to build on its reputation for delivering high-quality vehicles while embracing the shift towards electrification. The new SUV will join the XC60 and other models, offering consumers a choice between traditional and electric options. This approach allows Volvo to cater to a diverse customer base while advancing its commitment to sustainable transportation.
As Volvo prepares for the launch of the EX60, the company is positioning itself as a leader in the transition to electric mobility, with innovative technology and a clear strategy for the future.
