Why Volvo Is Speeding Up Its EV Plans While Everyone Else Is Slowing Down
Key takeaways
- The all-new Volvo EX60 is just the beginning of an even bigger EV push by the Swedish automaker.
- As the all-new 2027 Volvo EX60 starts rolling off the line in Sweden, the automaker was recently granted an exemption to sell connected cars in the U.S. like the EX60 that use software developed in China.
- So, what’s next for the premium automaker that’s a niche player on the global stage? “We need more cars,” said Volvo CEO Hakan Samuelsson.
Why this matters: an automotive development that could shape industry direction or buying decisions.
The all-new Volvo EX60 is just the beginning of an even bigger EV push by the Swedish automaker.
As the all-new 2027 Volvo EX60 starts rolling off the line in Sweden, the automaker was recently granted an exemption to sell connected cars in the U.S. like the EX60 that use software developed in China. It’s a big win for the brand, which, along with its Chinese parent company Geely, has had to navigate myriad issues surrounding software and manufacturing with the cars it imports to America.
So, what’s next for the premium automaker that’s a niche player on the global stage? “We need more cars,” said Volvo CEO Hakan Samuelsson. And by cars, he means electric vehicles, a pursuit that flies in the face of the industry at large that’s doubling down on hybrids with internal combustion engines and slow-walking EV plans.