Volvo’s upcoming EX60 electric SUV is set to replace the EX40 as the brand’s most affordable electric vehicle once the smaller model is discontinued in 2027. The shift reflects Volvo’s strategy to streamline its EV lineup while offering a more premium yet accessible option. With the EX40’s departure, the EX60 will step into the entry-level electric segment, potentially appealing to buyers seeking a balance between cost and Volvo’s signature design and safety features. The move could reshape competition in the mid-size electric SUV market as automakers refine their electric offerings.
The EX60 will become Volvo’s cheapest EV when the EX40 leaves the lineup in 2027.