Volvo has officially unveiled the EX60, its next electric midsize SUV, starting at around $60,000. The model launches with three powertrains: the single-motor P6 (369 hp, 310-mile range), dual-motor P10 AWD (503 hp, 320-mile range), and performance P12 AWD (670 hp, 400-mile range). All feature a NACS charging port and rapid 10-80% DC charging in under 20 minutes.

The EX60 represents Volvo's strategic shift to a fully electric lineup, leveraging an all-new architecture with cell-to-body construction and Nvidia/Qualcomm computing hardware. This platform underpins advanced driver assistance and a new AI assistant, directly targeting the Tesla Model Y and Ford Mustang Mach-E. Pricing positions it competitively in the premium EV segment.

Volvo also revealed rugged Cross Country variants, signaling a focus on lifestyle appeal. With a 400-mile top model and standard NACS access, the EX60 aims to eliminate range anxiety for mainstream buyers. Its success hinges on delivering Volvo's safety reputation in a competitive electric market.