Volvo EX90 Order Books Closed Due To High Demand

Electric Vehicles / 5 Comments

Fortunately, this is temporary but it's a good sign for the brand's next BEV.

Volvo has confirmed it's been forced to temporarily close order books for its next all-electric SUV, the EX90, due to higher-than-expected demand. Production will get underway in the final business quarter of this year at two locations: Charleston, South Carolina and Chengdu, China. The Geely-owned automaker did not disclose when order books will re-open.

The three-row, seven-seat EX90 will not immediately replace the brand's existing mid-size SUV, the XC90. The latter is combustion-powered with a 2.0-liter turbocharged four-cylinder engine under the hood but has been updated for the 2023 model year with 48-volt mild-hybrid technology. Depending on trim level, outputs range from 247 horsepower and 258 lb-ft of torque to 295 hp and 310 lb-ft.

The EX90, meanwhile, is expected to produce around 496 horsepower and 671 lb-ft of torque courtesy of a 111-kWh battery pack - the very same unit that powers the also recently revealed Polestar 3.

2024 Volvo EX90 Side View Volvo
2024 Volvo EX90 Rear Angle View Volvo

Exact US range figures have not been released but we expect the EX90 to achieve a range of 300-350 miles on a single charge based on the previously-announced CLTC driving cycle. The EX90's popularity should encourage Volvo and Geely management that the decision to become an EV-only automaker by 2030 is the right one.

The ICE phase-out remains ongoing but, evidenced by the XC90, it won't happen overnight. During this transition, Volvo will continue to unveil new pure battery electrics aside from the EX90.

Next up is the EX30 which will slot below the XC40 Recharge and C40 Recharge. A June 15 reveal remains on schedule and unlike previous Volvos, the EX30 will focus on subscriptions.

Volvo views this business model as a new way to reach younger buyers. There's no indication whether this approach will be taken with the EX90 since it's a more expensive vehicle that'll be out of reach for those youthful customers. Fortunately, Volvo already confirmed it won't copy the BMW subscription model which requires additional payment for some features.

2024 Volvo EX90 Driver Area Volvo
2024 Volvo EX90 Central Control Panel Volvo
2024 Volvo EX90 Instrument Cluster Volvo

Volvo will launch at least one new EV per year until mid-decade, all of which will be built on next-generation architectures and new core computing technologies. Earlier this week, Volvo announced its operating profits increased by 7% for the first quarter of this year, which is pretty impressive considering there are still raw material shortages and other supply-related issues.

"We have started 2023 on a stable note, continuing to deliver on our ongoing transformation with increased revenues and core profits in the first quarter," said Jim Rowan, president and chief executive. "With this performance we've laid a strong foundation for the rest of 2023, but we remain ever vigilant amidst the continued turbulence around the world. Our focus is on execution."

2023 Volvo C40 Recharge Forward View CarBuzz
2021-2023 Volvo XC40 EV Driving Front Angle Volvo
Front Angle View Volvo

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2024 Volvo EX90 Front Angle View
2024 Volvo EX90 Side View
2024 Volvo EX90 Rear Angle View
2024 Volvo EX90 Driver Area
2024 Volvo EX90 Central Control Panel

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