Volvo is switching gears again, this time to accelerate deliveries of its much-anticipated EX30 subcompact electric SUV so that it reaches the U.S. before the end of 2024.
The Swedish automaker last summer had postponed the U.S. launch of the EX30 to 2025, citing “changes in the global automotive landscape.” The move followed the Biden administration’s 100% import tariff on electric vehicles made in China.
While production of the EX30 is currently taking place in Zhangjakou, China, Volvo is shifting it to its factory in Ghent, Belgium.
U.S. deliveries were originally scheduled for this summer. Volvo says it now seeks to fulfill orders from customers who had placed deposits on the EX30 after it was unveiled in Milan in June 2023.
“While it has become one of the best-elling electric vehicles in Europe, customers in the U.S. have been patiently waiting for it to arrive,” Volvo said in a statement.
Volvo says it’s prioritizing deliveries of the most requested model: the EX30 Twin Motor Performance, with a starting suggested retail price of $44,900. The Single Motor variant is still scheduled to reach the U.S. later in 2025.
Besides adding all-wheel drive, the Twin Motor Performance is the “quickest-accelerating Volvo ever,” Volvo says. And with charging capacity of up to 153 kilowatts, the EX30’s battery can be charged from 10% to 80% in 25 minutes.
While the EX30 was dubbed by Digital Trends as potentially “the best-looking’ budget EV to date, it appears that the budget part of the equation might eventually be in question. Until last summer, the EX30 was expected to sell at $34,950. Volvo does mention that “at present”, the EX30 is eligible for the Biden administration’s popular $7,500 tax incentive on the purchase or lease of an electric vehicle.
But EV automakers, not to mention drivers, are now facing uncertainty as to what will happen to that incentive: The incoming Trump administration has toyed with the idea of ending it altogether in 2025.
Robotaxi aside, a $25,000 EV would be pointless, Tesla CEO says
Enthusiasts expecting to one day put their hands on the steering wheel of a $25,000 Tesla EV may feel like they’ve been taken for a ride.
CEO Elon Musk has just put a serious damper on those expectations, saying that outside of the driverless Robotaxi recently unveiled by Tesla, a regular $25,000 model would be “pointless” and “silly.”
During a conference call with investors, Musk was asked to clarify whether such a model was in the works.
"Basically, having a regular $25K model is pointless,” Musk said. “It would be silly. It would be completely at odds with what we believe." Tesla, Musk continued, has “been very clear that the future is autonomous.”
On October 10, Tesla unveiled its much-awaited robotaxi, called the Cybercab, an autonomous-driving EV with no steering wheel or pedals. The company also unveiled the Robovan, a much larger autonomous vehicle expected to carry people or goods.
The automaker said the Cybercab is expected to be produced in 2026 and cost $30,000. Musk, meanwhile, said that it would be a $25,000 car without specifying if that price tag included federal tax credits.
Tesla’s ambiguity about an affordable entry-level model has been going on for years. In 2020, Musk signaled that a $25,000 Tesla would arrive within three years. It was later reported that Tesla had ditched the idea, instead favoring the development of a robotaxi.
Language within Tesla’s latest financial report still hints that new affordable Tesla models are on the way. But Musk’s latest comments are putting a floor on just how affordable these would be. So far, Tesla’s Model 3 Rear-Wheel-Drive remains the company’s cheapest model, with a base price of $38,990.
Some rival EV makers, meanwhile, are entering the affordable space more aggressively in the U.S.
General Motors has already put out its Chevy Equinox EV at a price of $27,500, including federal tax credits. Volkswagen America says it plans to release an under-$35,000 EV in the U.S. by 2027.
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Stellantis’ 2027 Dodge Charger Daytona might feature solid-state battery tech
The battle to use cheaper, more efficient, and safer EV batteries is heating up among automakers. At the heart of this battle, the development of solid-state battery technology, an alternative to highly flammable and costly lithium batteries, is garnering more and more attention.For proof, Stellantis, the world’s fourth-largest automaker, is betting on the technology for its next generation of electric vehicles. The Netherlands-based company announced that it will launch a demonstration fleet of Dodge Charger Daytona EVs that will feature solid-state battery tech made by U.S. startup Factorial.The demo fleet, expected to launch by 2026, will provide a real-world assessment of Factorial’s technology. Factorial has been partnering with Stellantis since 2021 and is also partnering with the likes of Daimler AG’s Mercedes-Benz and Hyundai.Besides Dodge, the technology would eventually be deployed on the Stellantis STLA Large multi-energy platform, which includes brands such as Jeep, Chrysler, Alfa Romeo, and Maserati.Stellantis said that the integration of solid-state battery technology will yield “improved performance, longer driving ranges, and faster charging times in the coming years.”Factorial, meanwhile, says its technology provides higher energy density, reduced weight, improved performance, and the potential for further reduction in total vehicle cost over time. Stellantis, Daimler, and Hyundai aren’t the only ones to bet on solid-state battery tech. Toyota, the largest automaker in the world, has heavily invested in the technology. It also created a coalition with Nissan and Panasonic to boost its production in Japan. So far, making solid-state batteries has remained an expensive endeavor. But steps such as the Stellantis demo fleet and production at scale by the likes of Factorial are expected to improve manufacturing processes and costs over time.Other automakers, meanwhile, are working on ways to improve lithium batteries. Volkswagen, for one, is developing its own unified battery cell in several European plants as well as one plant in Ontario, Canada.
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Costco partners with Electric Era to bring back EV charging in the U.S.
Costco, known for its discount gas stations, has left EV drivers in need of juicing up out in the cold for the past 12 years. But that seems about to change now that the big-box retailer is putting its brand name on a DC fast-charging station in Ridgefield, Washington.
After being one of the early pioneers of EV charging in the 1990s, Costco abandoned the offering in 2012 in the U.S.
While opening just one station may seem like a timid move, the speed at which the station was installed -- just seven weeks -- could indicate big plans going forward.
Besides lightening-speed installation, Electric Era, the Seattle-based company making and installing the charging station, promises to offer “hyper-reliable, battery-backed fast charging technology in grid-constrained locations.”
Its stalls can deliver up to 200 kilowatts and come with built-in battery storage, allowing for lower electricity rates and the ability to remain operational even when power grids go down.
If that sounds like it could very well rival Tesla’s SuperCharger network, it’s no coincidence: Quincy Lee, its CEO, is a former SpaceX engineer.
Costco also seems confident enough in the company to have put its brand name on the EV-charging station. Last year, the wholesaler did open a pilot station in Denver, this time partnering with Electrify America, the largest charging network in the U.S. However, Costco did not put its brand name on it.
In an interview with Green Car Reports, Electric Era said it was still in talks with Costco about the opening of new locations. Last year, Costco said it was planning to install fast chargers at 20 locations, without providing further details. It has maintained EV-charging operations in Canada, the UK, Spain, and South Korea.
Meanwhile, the wholesaler’s U.S. EV-charging plans might very well resemble those of rival Walmart, which last year announced it was building its own EV fast-charging network in addition to the arrangements it already had with Electrify America.
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