The EX30 was set to arrive as one of the most affordable EVs in the US, starting at around $35,000. While the compact SUV is being discontinued from Volvo’s US lineup, the company confirmed a new entry-level model will replace it.

Volvo prepares new entry-level EV to replace the EX30

After launching the “game-changing” EX60 in the US on Monday, Luis Rezende, president of Volvo Cars America, said the Swedish automaker is already gearing up to introduce its next electric vehicle.

The new EV will fill the void left by the EX30, which Volvo confirmed earlier this year will be discontinued from its US lineup after the 2026 model year.

Volvo initially said the EX30 would arrive in the US with a starting price of $34,950, but after several delays, it finally went on sale in early 2025 at $44,900.