Large and affordable: Volvo announces new volume model for Europe

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 26 Oct, 10:30 UTC

For 2027, Volvo has announced a new, affordable high-volume electric model for Europe and two new models for China. However, despite a product offensive and full order books for the new EX60, noticeable losses in Q3 of 2026 have led to a strict cost-cutting drive - including job cuts.