Volvo will launch six new electric vehicles (EVs) by 2026, according to Reuters. The move will replace its current XC90, XC60, and XC40 SUVs and S60 and S90 sedans with electric cars.
The news is hardly a surprise. Volvo announced nearly two years ago that it planned to sell an all-electric lineup by 2030. But Reuters’ report, citing “two people with knowledge of the plans,” means that virtually all of Volvo’s current gas-powered vehicles could disappear from American dealerships within three years.
Volvo’s CEO has predicted that EVs will reach price parity with gas-powered cars as soon as 2025 – the most aggressive prediction we’re aware of.
The report didn’t address the future of Volvo’s small lineup of wagons. The Swedish automaker currently sells the V60 and V90 wagons. Electric replacements for their sister sedans could mean the wagons go electric, too.
We’ve already seen the vehicle that will likely replace the flagship Volvo. The 2024 Volvo EX90 is a high-tech electric 7-seater with 496 horsepower and possibly the most advanced suite of cameras, radars, LiDAR, and ultrasonic sensors ever built into a car. It will take the place of the XC90 in Volvo showrooms. The C40 and XC40 Recharge have already appeared as electric alternatives to the XC40.
Volvo would simply need to announce the end of their gas-powered counterparts to launch the plan Reuters described.
Reuters also claims Volvo may have a van in the works, though it isn’t clear whether that model would make it to the U.S. market.
