Overview
- Volvo, which began EX60 production on Wednesday, says first customer deliveries will start in early summer with US and Asian orders opening later this spring.
- Early retail orders in Europe have run above Volvo’s forecasts, led by strong interest in Sweden and Germany.
- To absorb demand, Volvo is considering keeping the Torslanda plant open for an extra week this summer for the first time.
- Target output is up to 40,000 EX60s in 2026, which the CEO says will hinge on execution in deliveries rather than sales.
- The plant received about SEK 10 billion in upgrades, adding mega‑casting and a new battery line to build Volvo’s first fully electric car designed, developed and made in Sweden, which claims up to 810 km WLTP range and 16‑minute 10–80% fast charging on 400 kW hardware.