Volvo EX30 to Get Cheaper, More Accessible Version

Volvo is expanding its electric EX30 lineup with a new, lower-powered model that could significantly reduce the car’s entry price. The current EX30 starts at £33,060 in the UK, but this variant — equipped with a smaller 148bhp motor — may bring the price closer to the £30,000 range.

New Powertrain Options

The new EX30 will use a rear-mounted 148bhp electric motor, a step down from the 268bhp in the existing Single Motor version. However, buyers will still have battery choices: either the 51kWh pack (for around 211 miles of range) or a larger 69kWh Long Range battery (extending that to 296 miles).

Why it matters: The EX30’s initial price put it at a slight disadvantage compared to rivals like the Alfa Romeo Junior and Mini Aceman. This new entry-level option aims to correct that, making the car more competitive in the fast-growing EV market.

Software Updates and Vehicle-to-Load

Volvo isn’t just adding a new powertrain. All EX30 models will receive a software update this summer enabling vehicle-to-load (V2L) functionality. This lets the car battery power external devices via an adapter (sold separately).

Additionally, the touchscreen interface is getting revamped. Volvo promises improved ergonomics with key controls moved closer to the driver’s reach. A customizable toolbar will predict or display frequently used functions, which is crucial given that the EX30 relies heavily on touchscreen controls instead of physical buttons.

Expansion to New Markets

Volvo commercial chief Erik Severinson stated that this move will “further increase our addressable market” by attracting more customers to EVs. The company has yet to confirm if the new powertrain will arrive in the UK, but it’s likely if the demand proves strong enough.

The EX30’s price reduction will make it a stronger competitor in the compact EV segment, where affordability is a major factor for buyers.