Volvo EX60 Production Ramp Lags Behind Schedule Amid Manufacturing Hurdles

Volvo is facing significant delays in ramping up assembly of its critical EX60 electric SUV, citing complications with the vehicle's new platform and construction methods. Despite amassing more than 50,000 reservations since opening order books, the Swedish automaker has completed just 5,000 units to date. The bottleneck threatens to postpone the model's anticipated financial boost as the brand navigates broader quarterly losses and restructuring.