Volvo plans to cease production of the EX40 electric SUV in the United States following the 2027 model year. This decision aligns with the company's strategy to restructure its American product lineup by focusing on larger, more capable electric vehicles.
The EX60 will replace the EX40 as the new entry-level electric SUV for the US market. The EX60 P6 model features a starting MSRP of $59 795, which is $3 250 higher than the current price of the EX40 at $56 545.
The EX60 offers improved performance metrics compared to the outgoing model. The base version of the EX60 provides an estimated range of up to 307 miles, while the P10 all-wheel-drive variant reaches approximately 330 miles according to EPA estimates.
In contrast, the EX40 is equipped with an 82.0-kilowatt-hour battery. Its range varies by configuration, reaching up to 296 miles in the Single Motor Extended Range version and 260 miles in the Twin Motor variant.
Volvo will continue to offer the XC40 with a mild-hybrid powertrain for the 2028 model year, but the company has no immediate plans to introduce an electric version of this model. The EX30 was also previously removed from the US lineup.
