Volvo's future lies in EVs, and a greater emphasis on Asian markets.
reported on Thursday that we'll see at least six new EVs from Volvo through 2026, citing two people familiar with the plans. The six will include three SUVs, two sedans, and minivan, according to the sources.
The first of the SUVs is the EX90, which starts deliveries in early 2024 as a 2024 model. A subcompact crossover SUV will be revealed this summer, while the third SUV is expected to be an electric alternative or perhaps replacement for the XC60.The two sedans will be in the same segments as the current S60 and S90, according to the sources, and the minivan will be a large model twinned with the. The minivan will be targeted at buyers in China and may not be sold outside of that market.
Reuters reported that other Volvos will also be developed with a greater focus on customer trends in Asia to help boost sales there. This will extend to Volvo developing its sedan models in China, where the automaker recently expanded its local R&D center. Electric sedans from Volvo are expected to carry the new designation ES, followed by a number to reflect positioning.
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