Regardless of its smaller measurement, Volvo’s least expensive electrical SUV is already having a large impression on gross sales. In 2024, its first yr in the marketplace, Volvo bought 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 out to be one among its greatest sellers “within the coming years.” Nicely, it seems like that’s occurring even earlier than anticipated, incomes it the title of Electrek’s EV of the yr in 2024.
Volvo introduced this week that it set a new world gross sales document in 2024. With over 763,300 vehicles bought final yr, Volvo’s quantity was up 8% from 2023. The corporate reported “a major improve in gross sales” for its electrified fashions.
In 2024, Volvo bought near 352,800 electrical autos (EVs) and plug-in hybrids (PHEVs), a 33% improve from the roughly 266,000 bought within the prior yr.
Volvo’s absolutely electrical vehicles carried the expansion, with gross sales surging 54% final yr. In complete, Volvo bought 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 among the most inexpensive EVs in Europe.
Regardless of its cheaper price 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 heart of an in any other case minimalistic cabin.
With deliveries now kicking off within the US, Volvo’s most inexpensive EV is anticipated to see much more demand in 2025.
The EX30 is at the moment obtainable within the Twin Motor configuration, beginning at $46,195. Upgrading to the Extremely trim prices $47,895 and contains 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 stated the long-awaited $36,245 Single Motor configuration can 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 autos than ever final yr, can the corporate prime 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 an additional 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 autos, with new fashions arriving from almost each firm. What EV will come out on prime 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. For those who’re prepared to take a look at Volvo’s new electrical SUV for your self, we may also help you get began. You should use our hyperlink to seek out one of the best offers on Volvo EX30 fashions in your space at this time.
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