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frominsideevs.com
1 week agoThe 800-Volt Volvo EX60 Will Be Cheaper Than You Think
Volvo's EX60 electric crossover will be priced similarly to the XC60 plug-in hybrid by using the SPA3 platform, structural battery, and cost-cutting production.
Volvo is in a bit of a pickle. The company bet big on a rapid, worldwide transition to electric cars. Yet it's hit three brutal snags. First, EV sales have not grown as exponentially as many automakers planned for. Second, Volvo's own software-defined EVs were heavily delayed and arrived full of bugs and quality issues. Finally, a global trade war has hurt Volvo more than just about any other auto brand: It builds heavily in China, and it builds very little in the U.S.