Volvo Cars accelerates EX60 production to meet exceptional global demand

Volvo Cars today announced significant plans to expand production of its all-electric EX60 SUV for 2026. This strategic move is driven by customer demand that has surpassed all projections across Europe, including record performance in its home market of Sweden and in Germany. This exceptional interest, evident just one month after its reveal, positions the EX60 as a key pillar in Volvo's electrification strategy.

The market response to the EX60 has been extraordinary. With over 3,000 orders registered in Sweden alone, the influx of reservations in European markets is considerably higher than anticipated and notably faster than observed for the EX30, a higher-volume, lower-priced model, upon its launch in 2023. Order books are currently open exclusively in Europe, with the opening in the United States planned for later this spring.

"The customer response to EX60 in its first month has far exceeded our expectations, and it's a 'good problem' to have," stated Erik Severinson, Chief Commercial Officer at Volvo Cars. "We are tremendously motivated by this overwhelming demand for our revolutionary electric SUV, and we are actively re-evaluating our production plans for 2026 as we prepare for the start of customer car manufacturing next month."

To meet this surge of interest, Volvo Cars, while always prioritizing high-quality production, is planning a substantial increase in EX60 output at its Torslanda plant in Sweden. This ambitious plan includes the unprecedented possibility of keeping the Torslanda plant open for an additional week during the summer, a measure currently under discussion with relevant labor unions.

The Volvo EX60, unveiled to almost universal acclaim at the end of January, is designed to be a benchmark in the electric SUV segment. It offers class-leading range, charges as fast as a quick coffee and rest stop and is strategically priced to align with the company's popular XC60 Plug-in Hybrid.

For more details and specifications about the EX60, click here.

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About Volvo Car Group

Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.

"For life.To provide freedom to move in a personal,sustainableand safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to achieve net-zero greenhouse gas emissions by 2040.

About Volvo Car Latin America

The Latin America Importers region, comprising 12 countries, delivered a solid performance in 2025. Total sales reached 5,467 units, driven by the successful introduction of the new EX90 and EX30 Cross Country. The region also achieved its highest level of electrification to date, with 98% of the portfolio electrified, including 67% fully electric vehicles (BEV) and 31% plug-in hybrids (PHEV), reflecting Volvo Cars’ ongoing commitment to electrification and sustainable mobility.

This performance reinforces Volvo’s position in the premium segment and strengthens its regional relevance, with the brand ranking among the top three premium brands by market share in Chile, Colombia, Costa Rica, and Paraguay.

Cynthia Pacheco
[email protected]

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