FYI: Volvo is taking a significant step towards electrification with the introduction of the EX60 SUV, based on their next-generation SPA3 EV platform, set to debut in 2026.
### Volvo Plans to Electrify XC60 with Upcoming EX60
Volvo is making strides in the electric vehicle (EV) market with its upcoming EX60, a battery-powered alternative to the renowned XC60. Expected to launch in 2026, the EX60 will serve as a companion to the XC60, reflecting Volvo’s successful strategy of offering electric iterations of popular models, akin to their approach with the XC90 and EX90.
### SPA3: The Foundation of the Future
The EX60 will be the debut model on Volvo’s new SPA3 platform, marking a significant evolution from the current SPA2 platform seen in the EX90. While SPA2 has paved the way for plug-in hybrid and fully electric vehicles, SPA3 promises enhanced scalability and efficiency. This next-gen platform will support a range of vehicles from subcompacts to full-size models, leveraging Volvo’s Volvo Cars Superset tech stack for improved software and electrical architecture.
### Advancements in Manufacturing: Mega Casting
A noteworthy innovation with the SPA3 platform is the introduction of mega casting at Volvo’s Torslanda plant in Sweden. Mega casting is a production method where multiple components of a vehicle’s body structure are consolidated into a single piece. This process not only reduces the vehicle’s weight but also streamlines manufacturing, making it more efficient and cost-effective.
### The Future of XC60 and Volvo’s Electrification Strategy
Despite the launch of the EX60, Volvo intends to keep the XC60 on the market. The current model will likely receive updates in design and technology to keep pace with the advancements of its electric counterpart. This mirrors Volvo’s strategy with the XC90 and EX90, ensuring that customers still have the choice between gas, hybrid, and electric options.
It’s important to note that Volvo has revised its initial plan to exclusively sell electric vehicles by 2030. The company now anticipates continuing sales of gas and plug-in hybrid vehicles alongside EVs even beyond this date, demonstrating a pragmatic approach to the transition towards full electrification.
### Conclusion
Volvo’s introduction of the EX60 highlights its commitment to a greener future while maintaining options for all types of drivers. The launch of the SPA3 platform and the innovative mega casting technique are set to reinforce Volvo’s position in the evolving automotive industry. Stay tuned for more updates as Volvo paves the way for a balanced but electric-rich future.
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Steven Hale, Editor of Automotive.fyi
