Volvo is expected to reenter the segment with an all-new sedan, but it may not be as electric as expected. Importing vehicles from Europe has become too costly, and Volvo has struggled to sell electric vehicles following the elimination of the federal EV tax credit last September. As the first vehicle based on its SPA3 platform, the electric SUV is Volvo’s longest-range, fast-charging, and most technologically advanced EV to date. The aging EX40 is expected to be replaced by the EX50, a bigger and more affordable electric SUV as Volvo’s new entry-level EV. If you’re interested in seeing one in person, you can click here to view local offers and find available 2027 Volvo EX60 models in your area (trusted partner link).