Volvo Plans More Affordable EV for 2027 Built on New SPA3 Architecture

Volvo confirmed plans to introduce a lower-priced electric vehicle in 2027 following the debut of the upcoming EX60 crossover. The new model will serve as the second vehicle built on the automaker's next-generation SPA3 software-defined platform. By leveraging the updated modular architecture, the brand aims to scale production and expand its entry-level EV lineup.