Volvo will stop selling the EX40 in the US, according to Electrek. After the model exits, the $60,000 EX60 becomes the brand's most affordable electric vehicle in the country, at least for the time being.
A replacement for the EX40 is planned for 2027, the report says. In the meantime, the EX60 will serve as the entry point to Volvo's US EV lineup.
The report describes the EX40's removal as another EV cut for the US, suggesting previous models have been dropped. No further details about those earlier moves are included. Until the new model arrives, Volvo's EV pricing in the US starts at $60,000.