Volvo EX60.
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Since Volvo is basically mirroring its current lineup of ICE vehicles with new EVs, it’s pretty easy to figure out whether a new EX60 is next after the new ES90 sedan.
Just like the new Volvo EX90 is not replacing (yet) the aging XC90, the current XC60 will be sold alongside the new EX60 for a while… And I wouldn’t be surprised to see a facelift XC60 soon after the launch of the EX60 EV. Something similar to what happened with the 2025 1/5 XC90.
The EX60 will be a very important new model for Volvo and will be the first one to use a brand-new platform called SPA3. That platform is so scalable it can actually be used for cars smaller than the current EX30 to something larger than the EX90. That means it will probably end up being used on all, or at least most new Volvo EVs soon.
The new EX60 will be a 5-seater SUV about the size of a Tesla Model Y. However, since Tesla drastically reduced its pricing, most of its competition is actually much more expensive with similar equipment. The current Model Y starts at $45,000 for the long-range RWD model. AWD currently adds $3000 to the price. Both models are loaded with everything. While a Hyundai Ioniq 5 Limited (loaded) is over $53,000. Same thing for the new Honda Prologue Touring.
The new Volvo EX90 starts at $80,000. Which means it would be hard to imagine a new EX60 starting at less than $60,000. While a full $20,000 under the larger model, would still cost much more than the Molde Y. Of course, there is a quality feel in modern Volvo cars and SUVs that Tesla can only dream of being able to reproduce.
Volvo has recently slightly revised its EV goals. Going from 100% EV by 2030, to 90 to 100% and including EVs as well as PHEV models.
A new EX60 EV will be competing with e the revised Tesla Model Y coming out early next year, as well as the production version of the BMW Neue Klass SUV and a new electric Mercedes GLC.