Volvo is trying to put its EV stumbles in the rearview
Volvo once had ambitions to fully exit the gas car business. Now it’s trying to keep its tenuous foothold in the EV market.
It’s not an understatement to say that Volvo’s EV journey has been a bumpy one. The compact EX40 has been a consistent winner, but the Swedish brand’s other EVs have been plagued with problems. The EX90 was supposed to be a bold statement for the future, but persistent software bugs have forced Volvo into an expensive hardware replacement. The tiny EX30 faired no better, with tariffs upending the rollout of the brand’s first mass-market affordable EV, eventually leading to its discontinuation in the US.
But now with the EX60 compact SUV, Volvo is hoping to get its EV groove back. Volvo’s top executives gathered in New York City this week to mark the new compact SUV’s US debut and to celebrate the opening...
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