Why the all-electric Volvo EX30 is such a big deal
The main topic of the article is Volvo's new compact fully electric crossover, the EX30, and its potential to be a mass-volume, mainstream success. The key points are:
- The EX30 is Volvo's first compact fully electric crossover and is outfitted with sustainable materials, making it affordable and innovative.
- The EX30 has received positive reception and excitement from markets worldwide.
- The price tag of $34,950 makes the EX30 one of the more affordable EV options in the United States.
- Volvo is targeting pre-family and post-family buyers as potential customers for the EX30.
- Volvo aims to go "half-electric" by 2025 and all-electric by 2030, aligning with its parent company Geely Holding Group's initiatives.
- The EX30 will be made in China, which means it won't be eligible for U.S. tax credits and is subject to a 27.5% tariff on Chinese-made vehicles.
- The EX30 offers two battery packs and two powertrain setups, with the Twin Motor Performance variant boasting 422 horsepower and a zero to 60 mph time of 3.4 seconds.
- The EX30 features a 12.3-inch vertical touchscreen, wireless Apple CarPlay, 5G connectivity, and fast-charging capabilities.
- Volvo plans to access Tesla's Supercharger network with an adapter in 2024, making it more appealing to potential buyers.