Volvo Scraps EX30 U.S. Sales Amid Broader EV Strategy Reset [Yahoo! Finance]
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Source: Yahoo! Finance
The automaker will continue selling the vehicle in global markets, but production for the United States will end after the 2026 model year. Tariffs and a slowing U.S. EV market are key contributing factors. The EX30 arrived in the United States for the 2025 model year as Volvo's entry-level electric SUV and later added a Cross-Country trim for 2026. Volvo confirmed that 2026 will be the final model year for the EX30 in the United States, although the vehicle will remain available in other markets such as Canada and Mexico. The EX30 was initially produced in China but was later supplied to the United States from Volvo's factory in Ghent, Belgium, to avoid tariffs on Chinese-built EVs. Subsequent import tariffs, including a 25% tax on imported vehicles, increased cost pressures. The removal of federal EV tax credits reduced consumer incentives, leading to a sharp decline in monthly sales after the incentives expired. Volvo sold roughly 5,400 EX30 units in 2025, a figure that trail
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