Volvo's Electrification Journey: 10 New Models Set to Transform the Lineup
September 27 2024,
Volvo is hitting the accelerator on its electrification strategy. Earlier this month the automaker has revealed a wave of new models and a comprehensive product roadmap that will unfold over the next two years. With a strong focus on electric vehicles (EVs) and plug-in hybrids (PHEVs), Volvo plans to release 10 modernized or all-new models in an effort to carve out a significant presence in the rapidly growing EV market.
Peeking Into the Future: What We Can Expect Next
Although details on every upcoming model remain under wraps, Volvo has dropped some intriguing hints about what’s in store. One of the most anticipated arrivals is the ES90, an electric sedan set to debut in March 2025. This mid-size sedan will act as a fully-electric counterpart to the existing hybrid and plug-in hybrid S90. With a sleek design and cutting-edge electric powertrain, the ES90 promises to blend practicality with performance.
Another big reveal is the EX60, an electric companion to the popular XC60, Volvo’s best-selling compact SUV. The EX60 will be built on the company’s latest SPA platform, which is designed to enhance efficiency and improve performance. The new electric motors in the EX60 will be more efficient than the ones currently used in models like the XC40 Recharge and C40 Recharge, reinforcing Volvo’s drive to fine-tune every aspect of electric mobility.
Then there’s the EV60 Cross Country, a potential first for North America—an electric wagon built for rugged terrain. With the SUV market becoming increasingly saturated, the EV60 Cross Country could offer a unique alternative for buyers seeking something different yet fully capable for outdoor adventures and family travels.
What’s on the Horizon: Volvo’s Product Expansion
Volvo is already making headway with its new models, building excitement for what’s to come. The all-electric EX30 and EX90, unveiled over a year ago, are now gearing up for their first deliveries. The EX30 offers a compact, affordable entry point into the EV market, while the EX90 delivers the kind of luxury and space that appeals to families and drivers seeking premium features in an eco-friendly SUV.
Adding to this wave, Volvo will soon introduce the 2025 EX40 and EC40, which are updated versions of the popular XC40 Recharge and C40 Recharge. Though these models may not be entirely new, their inclusion signals Volvo’s ongoing commitment to making EVs more accessible while continuing to electrify its lineup. Meanwhile, the newly refreshed 2025 XC90 plug-in hybrid balances style and sustainability, offering a glimpse into Volvo’s hybrid future.
While this model might not be offered in Canada in the coming years, the recently unveiled EM90 electric minivan shows that Volvo is willing to innovate by occupying new market segments in global markets with its electric models.
Plug-In Hybrids: A Bridge to Full Electrification
While Volvo’s focus on EVs is evident, the automaker hasn’t abandoned its plug-in hybrids. PHEVs will continue to play a key role in its product lineup, catering to consumers who aren’t quite ready to choose a fully-electric vehicle. The recently refreshed 2025 XC90 PHEV is a prime example, offering improved electric range and better fuel efficiency than its predecessors. It’s designed for drivers looking for versatility—whether that’s relying more on electric power for shorter trips or having the option to use gasoline on longer journeys.
Volvo’s next-generation PHEVs are expected to build on this success, with further advancements in electric range and driving efficiency. For buyers in regions where charging infrastructure is still developing, PHEVs offer the ideal balance of flexibility and sustainability.
Volvo’s Bold Electrification Strategy
Volvo’s plan to launch 10 new models over the next two years marks a significant shift in its strategy toward electrification. With a mix of fully electric models like the ES90 and EX60 and continued advancements in hybrid technology, the automaker is looking to satisfy both EV enthusiasts and more cautious hybrid buyers alike. The potential arrival of an electric wagon in North America with the EV60 Cross Country further signals Volvo’s desire to innovate and differentiate itself in a competitive market.
As these new models roll out, Volvo is poised to not only grow its electric portfolio but to set new standards in efficiency, design, and performance. Whether you're ready to dive into the electric revolution with a model like the EX30 or prefer the flexibility of a PHEV like the XC90, Volvo’s future lineup has something for everyone.