Price slash! Volvo takes the axe to EX30 and EX40 pricing. Up to $11,300 off!
Volvo has slashed prices across its entry-level electric SUV line-up in Australia by as much as $11,300 as it prepares for the arrival of its new mid-size EX60 later this year.
The biggest reductions apply to the small Volvo EX30 range, with the Plus Single Motor now priced from $49,990 – down $10,000 from its previous $59,990 list price.
The Ultra Single Motor drops by $11,300 to $54,990, while the rugged Cross Country variant is now $62,990, representing a $7000 cut.
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Larger Volvo EX40 models have also been repositioned, with the Ultra Single Motor now $69,990 (down $7000) and the Ultra Twin Motor reduced by the same amount to $74,990.
The pricing changes, which came into effect from April 1, are part of a broader strategy by Volvo Cars to realign its electric vehicle portfolio ahead of the introduction of the all-new EX60, which is landing in Australia late in 2026.
According to Volvo Car Australia managing director Stephen Connor, the move is designed to better position the brand’s existing electric models in the market while making way for the incoming mid-size SUV, which is expected to compete in one of the largest EV segments.
“To accommodate the arrival of the game changing EX60 it is paramount that we alter our current game plan,” he said.
“This alignment sets us up perfectly for the introduction of our newest addition.
“When the vehicle arrives to Australia it will be one of the safest cars on the market and it represents the purest form of the Volvo Cars Safety standard, going above and beyond regulations and ratings required.
“Volvo Cars’ multi-adaptive safety belt, a world-first and awardwinning safety innovation, will offer smarter and more personalised protection in the front row.
“The vehicle will also dispel the range anxiety question once and for all as the EX60 demonstrates that going electric is no longer a compromise.
“Design, engineering, hardware and software all work together to create a car that optimises driving range and matches many petrol cars.”
“I would expect that with this action even more customers will see and experience the benefits of our almost 100-year history commitment to safety, longevity, and of course Scandinavian design.”
Volvo said the repositioning aligns with its broader ambition to become a fully electric car maker and achieve net zero greenhouse gas emissions by 2040. The brand currently offers four electric models in Australia and claims the revised pricing will make its EV line-up more accessible to local buyers.
