Volvo Plans Sub-$50,000 EX50 Electric Crossover to Rival Tesla Model Y

GLOBALVolvo

Volvo is reportedly developing the EX50, an all-electric crossover intended to compete with the Tesla Model Y at a price point under $50,000. This new model is expected to replace the current EX40 and EX30, utilizing Volvo's advanced SPA3 software-defined platform.

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