Volvo’s EX30 electric subcompact crossover, which was unveiled in June, has now been given a price tag that may appeal to even the staunchest critics of electric vehicles. The Swedish automaker recently confirmed that the EX30 will be available in U.S. showrooms in the first half of 2024 as a 2025 model, with a starting price of $36,245, including a $1,295 destination charge.
This pricing puts the EX30 at the most affordable end of Volvo’s lineup, making it comparable in cost to its gas-powered rivals. In fact, it is a few thousand dollars cheaper than the starting price of the gas-powered XC40 compact crossover and approximately $10,000 less expensive than the electric XC40 Recharge.
Buyers of the EX30 will have two powertrain options and three different grades to choose from. The vehicle comes with a single 69-kWh battery that Volvo estimates will provide a maximum range of 275 miles, according to the EPA.
The $36,245 starting price is for the base Core grade with a Single Motor Extended Range powertrain located on the rear axle. Upgrading to the Plus and Ultra grades, which offer more advanced features, will cost $40,195 and $41,895, respectively. For buyers who prioritize performance over range, Volvo offers a Twin Motor Performance grade that adds an electric motor to the front axle, resulting in all-wheel drive. This configuration delivers peak output of 422 horsepower and can achieve 0-60 mph acceleration in just 3.4 seconds. The estimated maximum range with the dual-motor setup is 265 miles.
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For the Twin Motor Performance version, customers can choose between the Plus and Ultra grades, priced at $46,195 and $47,895, respectively. All prices mentioned include the $1,295 destination charge.
In terms of interior design, the EX30 adopts a more practical and sustainable approach compared to Volvo’s larger models. As an entry-level vehicle, it lacks the typical premium design found in the brand’s larger models. Instead, it features a design focused on practicality and sustainability, with a customizable center console that offers ample storage space, including a rear-seat storage area. A 12.3-inch touchscreen serves as the main infotainment hub, providing access to popular built-in Google apps. Additionally, the system supports wireless Apple CarPlay.
Standard electronic driver-assist features include blind spot warning and collision warning with automatic emergency braking.
Upgrading to the Plus grade adds a Harman Kardon audio system, a black roof, and larger 19-inch wheels. The Ultra grade includes additional features such as a surround-view camera, automated park assist, and an automated driving system for highways that requires constant driver supervision.
The EX30 will be available in five different colors: Moss Yellow, Cloud Blue, Vapor Gray, Crystal White, and Onyx Black.
Volvo also plans to introduce a more rugged version of the EX30, known as the EX30 Cross Country, next year. This model will feature upgrades such as higher ground clearance, underbody protection, and standard 19-inch wheels.
The EX30 is built on the SEA modular EV platform developed by Zhejiang Geely, Volvo’s parent company. The platform made its debut in 2021 with the Zeekr 001 hatchback and also underpins the recently revealed 2025 Polestar 4 compact crossover. Currently, vehicles based on the SEA platform are exclusively manufactured in China, where the EX30 will also be produced.
With its attractive design, impressive performance, and competitive pricing, the Volvo EX30 aims to appeal to a wide range of customers and further accelerate the adoption of electric vehicles in the market. The affordable price point makes it an accessible option for those looking to make the switch to electric without compromising on quality or performance.
