Volvo Is Reportedly Working On A Bigger, More Affordable EV

Volvo targets the EX50 for US showrooms in fall 2027, replacing the EX40 as its entry-level EV.

EX50 reportedly uses SPA3 and an 800-volt electrical system.

Multiple reports give a high-$40,000s starting MSRP.

Thinking about a Volvo EX40 as your next EV and wondering if it might be gone by the time you are ready to sign? Multiple reports now say Volvo is lining up a new EX50 compact SUV for the United States, a model that would be taller and longer than the EX40 yet positioned as the brand's most affordable electric option.

According to Automotive News, the Volvo EX50 is targeted for US showrooms in fall 2027 and is expected to replace the EX40 as Volvo's entry-level EV, with a starting price in the high $40,000s instead of the EX40's mid-$50,000s sticker. That means shoppers and fleet planners need to think about timing, incentives, and lease terms with an eye on a crossover that does not officially exist yet but is already reshaping Volvo's EV roadmap.