Volvo Cars has had a small card… or car, up its sleeve that it is ready to show to the world. A new small SUV dubbed the “Volvo EX30” will make its global debut in less than a month and will instantly become available to reserve. Before then, Volvo teased its latest EV model in a video available to view below.
Volvo Cars Corp. is riding high after a stellar first quarter of 2023, following a noteworthy 2022 prior to that. The legacy automaker, well on its way to delivering an entirely electric lineup of vehicles, saw a doubling of EV sales last year, which accounted for 11% of its total and contributed to its record annual revenue of $32 billion.
One complete quarter into 2023, Volvo picked up right where it left off, reporting EV sales had expanded another 157%, led by its two BEV models – the XC40 Recharge and C40 Recharge – both of which recently saw performance upgrades, including an RWD option for the first time in 15 years.
Volvo’s third all-electric option will be a large SUV called the EX90, already being touted by its makers as the safest vehicle from the brand to date. Due to such hype surrounding the upcoming EV, Volvo recently had to close orders because its entire first year of production is now sold out.
Luckily, Volvo Cars has another, albeit smaller, SUV called the EX30 in the works that will be available for reservations next month.
Credit: Volvo Cars
Check out the ‘small’ teaser for Volvo’s EX30 SUV
In January, we reported on the EX30 as one of Volvo’s six upcoming electric models spotted in a company presentation that also included plans for its first all-electric minivan. At the time, Volvo CEO Jim Rowan said the EX30 would be revealed on June 15 and elaborated on the consumers it will be targeted toward:
The new smaller one [SUV] is a new addition to the range. The age demographic at Volvo is a little older than we’d like. We’d like to get some more younger people into the brand. That will be a really nice price point I think for an entry level. Very safe, decent [driving] range, good size still, smaller than a 40, we’re going to talk to a completely different demographic, for the first time probably. And that younger demographic will probably be the ones that shop online.
Today we’ve learned that the upcoming EX30 will actually be revealed a week earlier, on June 7, 2023. Here’s the appropriately small press release from Volvo this morning:
On June 7 at 7:30 a.m. EDT, the new, fully electric Volvo EX30 SUV will make its global debut. On the same date, it will also become available to reserve in the US. So keep your eyes peeled, as we’ll reveal a lot more details on our new small SUV in coming weeks. Thinking small is one of our biggest ideas.
We are certain to learn more about the true size and capabilities of the EX30 small SUV during its global debut event, but in the meantime, Volvo has shared the following teaser video showcasing some views of the SUV’s rear, hood, and headlamps. Have a look.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
UPDATE: telematics announcement.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
“XCMG remains committed to advancing engineering technology to empower a sustainable future. Our mission is to deliver efficient, intelligent, and eco-friendly lifecycle solutions for global clients,” said Mr. Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. “Today, 19% of our product portfolio comprises green innovations under our ‘Green Mountain’ new energy line, with full electrification across all series underway.”
On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already a bad month for Elon … and there’s still 20 more days to go!
None of this even touches on the $43 million “backlogged” rebate scandal Tesla’s facing in Canada that’s being blamed for people’s negative attitudes about the brand (ha!) or the fact that neither the long-promised Roadster 2.0 or the Tesla Semi will see production anytime this year, either.
The word you’re looking for when you think of Tesla these days is, “cooked.”
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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Renewable developer Vesper Energy has cut the ribbon on Hornet Solar in Swisher County, Texas, one of the largest single-phase solar farms in the US.
As Electrek reported in January, the 600-megawatt (MW) Hornet Solar includes over 1.36 million modules covering more than 6 square miles. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy–enough to power 160,000 homes annually.
January 30, 2025: “The seamless coordination between our team and our EPC partner, Blattner, has enabled us to remain ahead of schedule and on budget while ensuring quality throughout the process,” said Juan Suarez, co-CEO of Irving-based Vesper Energy.
Hornet Solar uses bifacial solar panels mounted on a single-axis tracking system to maximize efficiency. The solar farm is connected to Oncor Electric’s transmission system within ERCOT and is contracted to provide power to four off-take partners through individual Virtual Power Purchase Agreements (VPPAs).
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The Hornet Solar project in the Texas Panhandle is on track to be fully online by spring 2025.
Texas is a utility-scale solar leader in the US, with a ranking of No. 2 and 37,713 MW currently installed. It’s projected to install 51,144 MW over the next five years and move into the No. 1 spot, according to the Solar Energy Industries Association (SEIA). The total solar investment in the state is $45.2 billion.
On January 21, the SEIA, Conservative Texans for Energy Innovation (CTEI), Advanced Power Alliance (APA), and the Texas Solar + Storage Association (TSSA) reported that existing and expected utility-scale solar, wind, and battery storage projects will contribute over $20 billion in total tax revenue – and pay Texas landowners $29.5 billion – over the projects’ lifetimes.
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