Volvo claims its EX90 flagship electric SUV is off to a good start, with impressive order numbers. In its first-quarter 2023 results, the Swedish luxury auto giant claimed orders for the EX90 SUV exceeded the company’s boldest and most ambitious expectations. The automaker said its EX90 flagship electric car, which made its world debut last year, was well received by customers.
Huge demand for the EX90 electric SUV has forced the automaker to temporarily close orders for the electric car because the first scheduled production run has sold out, Volvo said in an official statement. However, the company further added that order books will reopen soon. The automaker also said the strong response from customers has given it renewed confidence in its strategy and roadmap going forward.
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Unveiled last November, the Volvo EX90 is the sister car to the Polestar 3. However, the EX90 offers an extra row of seats for a total of seven passengers. It’s an all-electric equivalent of the current-generation Volvo XC90. The Volvo EX90 EV is the brand’s third pure electric vehicle after the XC40 Recharge and C40 Recharge.
The company is currently working on a fourth all-electric vehicle, which is expected to be released later this year under the EX30 name. Scheduled to be unveiled on June 15, it will appear as an entry-level small SUV. Volvo claims that its upcoming electric cars will bring the car company into a new demographic and have a competitive price point.
Volvo has also committed to launching more all-electric cars in the coming years, at least one per year until the middle of the decade. These future electric vehicles will be built on next-generation electrical architectures and core computing technologies.
First published date: April 28, 2023 at 09:23 AM CST