Volvo opens orders for 2027 EX60 electric SUV at $58,400

Volvo has opened orders in the US for its upcoming 2027 EX60 midsize electric SUV. The vehicle starts at a base price of $58,400 and offers up to 400 miles of range depending on the trim.

The Swedish automaker revealed the pricing at an event in New York this week. The EX60 rides on the new SPA3 platform and features an 800-volt architecture with native North American Charging Standard compatibility.

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Photorealistic rendering of Tesla's upcoming compact SUV on a Chinese factory line with Elon Musk approving the design.
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Tesla developing compact affordable SUV amid strategy shift and sales slump, Reuters reports

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Tesla is developing a new compact electric SUV priced below the $36,990 Model 3 and measuring 168 inches (4.3 meters) long—shorter than the Model 3 (185.8 inches) and Model Y (188.7 inches)—according to Reuters citing four anonymous supplier sources. The all-new design awaits CEO Elon Musk's production approval and may launch first in China before expanding to U.S. and German factories, signaling a pivot back to core vehicles after a focus on robotaxis and humanoid robots.

Volvo Car USA will discontinue sales of the EX30 and EX30 Cross Country electric SUVs in the US market after the 2026 model year. The decision follows challenges including tariffs, production shifts and weak sales. The models will continue in other markets.

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Rivian has revealed details of its upcoming R2 mid-size electric SUV, positioning it as a more affordable alternative to its R1 models and a competitor to the Tesla Model Y. The vehicle will launch with higher trims this year, while the entry-level Standard model arrives in late 2027 starting at $45,000. Key features include varying power outputs and ranges up to 345 miles.

Tesla has announced that the price of its new Dual Motor All-Wheel-Drive Cybertruck trim, currently at $59,990, will rise after February 28, 2026. The company launched the configuration last week, following comments from CEO Elon Musk that the introductory price would last only ten days. This move comes amid mixed reactions from fans and owners regarding the timing and communication.

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Rivian has unveiled details of its upcoming R2 electric SUV, priced starting at $45,000, featuring advanced AI capabilities like Universal Hands-Free to compete with Tesla's Full Self-Driving. The R2 offers over 300 miles of range and strong off-road performance, positioning it as a more versatile alternative to the Tesla Model Y. Production is set to begin in 2026, with a full reveal on March 12.

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