Volvo Plans Affordable Europe-Bound EV on New SPA3 Architecture for 2027

Volvo is preparing to launch a second electric model on its next-generation SPA3 platform in 2027, positioned beneath the upcoming EX60 midsize crossover. Engineered specifically for European buyers, the more accessible EV is expected to compete in the compact C-segment and could potentially replace the existing EX40. The vehicle is part of a broader rollout of 13 new models slated across global markets by 2030.