Volvo's new midsize electric SUV, the EX60, is being touted by the company as a "game changer" with the highest range and fastest charging of any Volvo EV to date. But US buyers will have to wait: deliveries have been delayed, and inventory will remain limited into early 2027.
According to a memo reviewed by Automotive News and a person familiar with the situation, Volvo is working through a "production crisis." Output is reportedly about 10% of the planned 2,000 vehicles per week. A Volvo spokesperson said the delays stem from integrating the new SPA3 platform into a running factory, including new manufacturing methods like megacasting and cell-to-body battery construction, and are not related to quality, safety, or performance.
The EX60 starts at $58,400 with up to 307 miles of EPA range, while a P10 version offers 330 miles and a P12 model with up to 400 miles is planned later. Volvo expects to distribute "a significant number" of EX60s to US dealers in early 2027, but the source said Europe will get priority, where EV sales are stronger, leaving the US on the back burner.