Volvo Accelerates Its Electrification Plans: 10 New Models in Two Years

After a brief period of relative quiet, Volvo has significantly ramped up its efforts, launching new models and hinting at exciting future releases. Earlier this month, the Swedish carmaker debuted a refreshed XC90 and unveiled a forward-thinking roadmap, planning to introduce ten new or updated models within the next two years. This ambitious strategy underscores Volvo’s commitment to a greener, electrified future, featuring both fully electric vehicles (EVs) and plug-in hybrids (PHEVs).

Volvo’s Growing Lineup: What’s Already Confirmed

Volvo is already making progress toward its goals, with several models nearing launch. The EX30 and EX90, two electric vehicles, were initially revealed over a year ago and are now on the brink of delivery. The EX30 is aimed at offering a compact and more affordable EV option, while the larger EX90 provides a premium, full-size electric SUV for those seeking luxury in an emissions-free package.

Additionally, Volvo has the 2025 EX40 and EC40 set to join the lineup—essentially rebadged versions of the existing XC40 Recharge and C40 Recharge. These sub-compact SUVs, while not entirely new, reflect the company’s ongoing focus on electrifying its current models. Also part of this expansion is the refreshed 2025 XC90, a plug-in hybrid that brings together high-end design, strong performance, and improved fuel efficiency. This model serves as a preview of what can be expected from Volvo’s future hybrid offerings.

What’s Next: Future Models on the Horizon

While many details are still under wraps, Volvo has teased a few of its upcoming releases. Among the most eagerly anticipated is the ES90, a mid-size electric sedan set to complement the existing S90. Scheduled for a March 2025 reveal, it promises to merge Volvo’s signature aesthetics with cutting-edge electric technology.

Following closely behind is the EX60, an all-electric version of the well-loved XC60 compact SUV. This 2026 model will be built on the latest iteration of Volvo’s SPA platform, aiming to boost energy efficiency with electric motors designed to achieve 93% efficiency—an improvement over the 91% seen in current models.

One of the more distinctive future offerings is the EV60 Cross Country electric wagon, an electric version of the V60. With wagons being a key part of Volvo’s heritage as a provider of safe and practical premium family transportation, it is not surprising to see this body style being brought into the electric age. 

Plug-in Hybrids: Still Central to Volvo’s Vision

Despite Volvo’s strong emphasis on electric vehicles, plug-in hybrids remain an integral part of the brand’s strategy. The refreshed 2025 XC90 PHEV exemplifies this approach, offering an extended electric range that boosts its fuel efficiency. This model is designed for buyers who aren’t ready to make the transition to full electric but still want to benefit from the advantages of electrification.

Volvo has indicated that additional PHEV models with even better electric range are on the way. These hybrids are expected to appeal to customers seeking flexibility, especially in areas where EV charging infrastructure is still evolving.

A Bold Future for Volvo

Volvo’s plan to introduce ten new or updated models in the next two years demonstrates its ambitious drive toward electrification. From the eagerly awaited ES90 and EX60 to the possible North American debut of the EV60 Cross Country, Volvo’s roadmap is packed with exciting developments. With a stronger focus on improving electric range and overall efficiency, Volvo is positioning itself as a key player in the growing EV market while continuing to cater to hybrid enthusiasts. As these models roll out, the automaker’s transition to a fully electrified future will be an exciting journey to watch unfold.