The Volvo EX90 2024 Delivery is still a few months away, but the electric SUV has already sold out in its first year of production.
Volvo confirmed this in a press release detailing its first-quarter financial results for 2023, although it did not reveal how many vehicles will be produced in the first year of production, only saying that the Customer interest has surpassed internal projections.
Volvo EX90 2024
“As a result, Volvo Cars has closed its order book for the time being as the first scheduled production run has been sold out,” the company said in a statement, “but it will reopen soon.”
Launched in November 2022 as an electric version of the XC90 three-row SUV, the EX90 shares the new Sustainable Electric Architecture (SEA) with the upcoming Polestar 3 and is expected to be built in the near future. built at Volvo’s plant in South Carolina. Volvo has previously said that the factory will be the first go all electricitywith all factories switching to only electric vehicles by 2030.
Volvo EX90 2024
Sales of the Volvo EV are also generally strong. In the first quarter of 2023, 18% of Volvo’s vehicle sales were electric—up from 8% in the first quarter of 2022, the company reported. In the United States, Volvo recently reported that its Recharge vehicles — which means EVs and plug-in hybrids combined — account for 26% of sales. But as Volvo pointed out, the entire USA roster for 2023 now mild hybrid, plug-in hybrid or EV.
Volvo’s only two all-electric models currently on sale are the XC40 Recharge and its coupe-like cousin, the C40 Recharge. both get one increased range and will switch to rear-wheel drive, for the 2024 model year (dual-motor four-wheel drive was available throughout, but current/previous single-engine versions are front-wheel drive). At the launch of the EX90 last year, Volvo also confirmed another smaller electric SUV will be launched in 2023.
