No Result
View All Result
Mobile
Subscription
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
Thursday, March 19, 2026
中文
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper
No Result
View All Result
Sky Eco News
No Result
View All Result

Volvo to discontinue EX30 in US later this year

Volvo to discontinue EX30 in US later this year

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo

Swedish automaker Volvo Cars said on Monday it will discontinue the EX30, a small electric SUV, and the EX30 Cross Country in the United States later this year.

While U.S. sales of the two models will end after the 2026 model year, the EX30 will remain available in other markets including Canada and Mexico, a spokesperson for the automaker said in a statement to Reuters.

Business Insider reported the decision earlier on Monday.

Volvo sold nearly 5,400 of the EX30 model in 2025 in the U.S., around 4.4% of Volvo’s overall U.S. sales.

Volvo Cars’ sales volumes fell 10% in the ​three months through February due to trade tariffs and other ‌market headwinds while sales of fully electric cars jumped.

Global EV sales fell again in February, depressed by ‌China’s largest sales drop since the onset of the COVID-19 pandemic in early 2020, as governments worldwide hit the brake on policies designed to ​encourage purchases of electric cars.

The EX30 was launched in 2023 amid competition between carmakers to make EVs more affordable.

It was described by then-CEO Jim Rowan as a “small SUV doing Volvo things” during the car’s launch event.

(Reporting by Hyunsu Yim and Kanjyik Ghosh in Barcelona and Marie Mannes)

 

Post Related

SK Group chairman says wafer shortage to last until 2030, trying to stabilise memory prices

SK Group chairman says wafer shortage to last until 2030, trying to stabilise memory prices

South Korea's SK Group Chairman Chey Tae-won said on Monday the global chip wafer shortage is likely to persist until...

Oil gains over 2% as market weighs Iran war supply risks

Oil gains over 2% as market weighs Iran war supply risks

Oil prices rose more than 2% in early trade on Tuesday, reversing some of the previous session's losses, on worries...

Australia, EU signal progress in trade negotiations

Australia, EU signal progress in trade negotiations

Australian Trade Minister Don Farrell said on Tuesday he had "a productive call" overnight with European Union Trade Commissioner Maros...

Rio Tinto gains control of Resolution Copper acreage after years-long court fight

Rio Tinto gains control of Resolution Copper acreage after years-long court fight

Rio Tinto said on Monday it has gained control of acreage in Arizona needed to build the Resolution Copper mine,...

Investors face cloudier Fed rate view as Iran war grips markets

Investors face cloudier Fed rate view as Iran war grips markets

Investors are facing a cloudier view of U.S. monetary policy in the coming months, with a war in the Middle...

Nvidia strikes humanoid robot partnerships with European chipmakers

Nvidia strikes humanoid robot partnerships with European chipmakers

European chipmakers Infineon, NXP and STMicroelectronics on Monday all announced partnerships with Nvidia to sell hardware for humanoid robots, as...

Top news

  • SK Group chairman says wafer shortage to last until 2030, trying to stabilise memory prices
  • Oil gains over 2% as market weighs Iran war supply risks
  • Australia, EU signal progress in trade negotiations
  • Rio Tinto gains control of Resolution Copper acreage after years-long court fight
  • Volvo to discontinue EX30 in US later this year
SKY ECO NEWS

© 2024 SEMG.

About Us

  • Chinese Emassy, London
  • Embassy of the United Kingdom
  • Xinhua
  • People’s Daily
  • China Daily
  • GlobalTimes
  • The Times
  • BBC

Message

No Result
View All Result
  • Home
  • Britain
  • China
  • Business
  • World
  • Culture
  • Opinion
  • Newspaper

© 2024 SEMG.