At what Volvo is calling 90/90 Day, the Swedish car brand will show off its latest version of the flagship XC90 SUV alongside the long-awaited arrival of the all-electric EX90.
At a media event at company headquarters in Gothenburg, Sweden on Wednesday, Volvo will pour through details on its revamped hybrid SUV. The XC90, first introduced in 2002 and in more recent years modified as a hybrid and plug-in, comes in three variants: two mild hybrids, the B5 and B6, and a T8 PHEV. The big changes for 2025 are more in its looks both inside and out, including a new user experience on a bigger and faster touchscreen. Volvo has emphasized that it’s one of the few plug-ins with a seven-seat option. (The XC90 comes in six- or seven-seat configurations in the U.S.)
Disclosure: Volvo provided flights to and from Gothenburg along with accommodations to attend 90/90 Day. The company did not influence our reporting.
The Volvo XC90’s new look was revealed and it now shares more features with Volvo’s electric lineup. Volvo
For 2025, the T8 is an inline four-cylinder gas engine with an electric motor and 400-volt three-layer lithium ion 18.8 kWh battery with 14.7 kWh of usable energy. Its pure electric range is 33 miles, but Volvo anticipates drivers using a blend of battery and gas power. The most powerful (and efficient) of the XC90s, the all-wheel drive PHEV offers 310 horsepower with 295 pound-feet of torque and a zero-to-60 mph time of 5.1 seconds. Its fuel economy is 58 MPGe combined. Its 6.4 kW onboard charger takes 3 hours to go from empty to 100% charged (or 7 hours on an ordinary 120 volt outlet). In Europe, Volvo has its own branded home wallbox charger.
As a PHEV, charging is to take advantage of the efficient fuel economy or pure battery driving. Volvo partnered with ChargePoint charging network for plug-and-charge convenience at 80,000 U.S. public charging plugs with the Volvo Cars app. Then there’s a Tesla Supercharger network partnership that ostensibly should give the XC90 PHEV (and EX90) access to Tesla’s 12,000 fast charger stations, but Tesla has been slow to provide converters to non-NACS car makers such as Ford and General Motors. We’ll see how it plays out with Volvo into 2025.
As part of its new identity, the new XC90 has a redesigned front-end. There’s a new hood and bumper area and the Volvo-famous Thor’s Hammer headlights are slimmer. Also look for new wheel designs and lighting in the back and interior. Volvo rationalizes that the redesign is to better align the XC90 with its electric lineup. The trims remain Core, Plus and Ultra.
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For tech upgrades, the 11.2-inch center display is now free-standing as seen in the EX30 and EX90 EVs. The new screen will be part of a new user experience debuting on the XC90 and rolling out to all Volvo owners with models from 2020 and newer. Volvo projects 2.5 million customers will be eligible for the UX upgrade. While Google built-in is, well, built into the infotainment system with access to Google Maps, Assistant and Play, there’s still an option for connecting an iPhone through a USB-C cable to Apple CarPlay. The bigger, brighter and higher-res touchscreen is part of a redesigned front console area with easier access to the wireless charging mat and an extra cup holder.
Other new features include a new exterior color, Mulberry Red, inspired by Scandinavian autumn. Inside, two new interior materials Nordico, a leather-free material, and Herringbone Weave, a recycled polyester textile, keep with Volvo’s theme of sustainability. Comfort is crucial for the luxury segment, so the XC90 has upgraded suspension with a double wishbone system in the front.
The same safety ADAS and features with driver support systems that Volvo prides itself on will carry onto the new flagship. Last month, the 2024 was named a Top Safety Pick+ by the Insurance Institute for Highway Safety (IIHS).
The XC90 sits alongside the battery-powered EX90, a new SUV that makes its delayed arrival as Volvo shakily advances toward an all-electric future. A previously aggressive timeline for electric-only production by 2030 has been tamped down with a refocus on hybrids and plug-ins. Hence, the emphasis this week on the XC90 with its best-of-both-worlds features—or at least that’s what Volvo is betting on.
Pricing for the 2025 plug-in version will be announced later, but the base XC90 will start at $58,450 plus a $1,295 destination fee. Production is expected to start by the end of this year with deliveries in the beginning of 2025. The 2024 plug-in version, branded as the Recharge T8, started at $73,195 for the base Core trim and went up over $80,000 for the top Ultra trim. The EX90 is listed at $81,290 (including a $1,295 destination fee).
After Wednesday’s event, the updated XC90 will be available to order.
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The new EV6 GT is the fastest Kia vehicle to date, packing nearly 650 horsepower. It’s quicker than a Ferrari and less than half the cost. Kia’s first electric sports car just got a big upgrade with added power, style, in-car tech, and more “GT” than ever before. And somehow, it’s even cheaper than the outgoing model in the UK.
Meet the new Kia EV6 GT, an affordable electric sports car
In 2021, Kia introduced the EV6 GT, its most powerful production vehicle ever made, boasting 576 hp. With a significant mid-life refresh, the new model takes it to the next level.
Powered by a dual-motor AWD powertrain, the new Kia EV6 GT is now capable of producing up to 650 hp (+11% from the outgoing model) and 770 Nm (+4%) max torque.
The added power is good for a 0 to 62 mph sprint in just 3.5 seconds. It’s also equipped with a new 84 kWh battery pack, 8.5% bigger than the previous EV6 GT, providing a WLTP range of up to 279 miles.
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With 800V ultra-rapid charging capabilities, the Kia EV6 refresh can recharge from 10% to 80% in as little as 18 minutes, even with the bigger battery.
The new Kia EV6 GT (Source: Kia UK)
Kia added a few fun features, including an enhanced GT Mode, which “unleashes the full, untapped potential of the EV6” with max power and torque at the push of a button. A dedicated neon button on the steering wheel activates the new dedicated drive mode.
The new model features the popular Virtual Gear Shift, a first for a Kia vehicle. Borrowed from the Hyundai IONIQ 5 N, the feature simulates the feeling and sounds of a six-speed paddle-operated transmission.
The new Kia EV6 GT interior (Source: Kia UK)
Kia refined the interior with “a significant overhaul,” including new materials and its next-gen infotainment system.
The new Kia connected car Navigation Cockpit (ccNC) infotainment system features dual 12.3″ navigation and driver display screens in a curved panoramic setup.
Kia EV6 GT refresh interior (Source: Kia UK)
Kia opened orders for the EV6 GT refresh in the UK on Wednesday, June 18, starting at £59,985 ($80,500), a £2,690 ($3,500) price reduction from the previous model. Deliveries in the UK will begin over the next few days.
The new EV6 GT was first launched in Korea last November, starting at 72.2 million won ($50,000). According to a Kia official, the upgraded model “will become a new standard that will change the paradigm of high-performance electric vehicles.”
The 2025 EV6 GT starts at $63,800 in the US, with up to 641 hp. That’s nearly half the cost of the Porsche Taycan 4S, which starts at $119,400. It also has a built-in NACS port, allowing you to recharge at Tesla Superchargers.
Looking to test out Kia’s electric sports car for yourself? We’ve got you covered. You can use our link to find 2025 Kia EV6 GT models in your area (trusted affiliate link).
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Iran’s largest cryptocurrency exchange, Nobitex, was hacked for more than $90 million Wednesday, according to blockchain analytics firm Elliptic.
The funds were drained from platform wallets into addresses bearing anti-government messages explicitly referencing Iran’s Islamic Revolutionary Guard Corps, or IRGC, pointing to a politically motivated cyberattack, Elliptic said.
Pro-Israel hacking group Gonjeshke Darande, or “Predatory Sparrow,” claimed responsibility for the attack and said it would release the exchange’s source code. Elliptic said the exchange was offline at the time of its post.
Predatory Sparrow also claimed credit for a separate cyberattack on Iran’s state-owned Bank Sepah this week.
Fighting erupted between Israel and Iran on Friday and the countries have continued to trade missile fire. Iran Supreme Leader Ayatollah Ali Khamenei threatened the U.S. with “irreparable damage” Wednesday in response to President Donald Trump’s demand that the country surrender.
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Though the stolen assets have not been conclusively attributed to the group, Elliptic said the funds were sent to cryptographic addresses the hackers likely cannot control — suggesting the money was intentionally destroyed as a symbolic act rather than stolen for profit.
Elliptic’s research linked the exchange to the IRGC, a powerful branch of the military designated as a terrorist organization by the United States, United Kingdom, European Union and Canada.
Past investigations have connected the platform to sanctioned IRGC-linked ransomware operatives and individuals close to Khamenei.
Blockchain data also shows activity between the Nobitex exchange and wallets associated with Hamas, Palestinian Islamic Jihad, and the Houthis.
Elliptic said it’s continuing to monitor virtual asset flows tied to Iranian entities and has updated its compliance tools to reflect emerging threats in the region’s crypto ecosystem.
Rolls of steel are seen before the US president speaks during a rally at US Steel – Irvin Works in the Pittsburgh suburb of West Mifflin, Pennsylvania, on May 30, 2025.
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U.S. Steel shares stopped trading on the New York Stock Exchange on Wednesday after Japan’s Nippon Steel completed its acquisition of the iconic American industrial name.
President Donald Trump has insisted for weeks that the companies would form a “partnership” in which U.S. Steel would remain American owned.
But the New York Stock Exchange notified the Securities and Exchange Commission on Wednesday that U.S. Steel’s shares would be removed from listing, after the company became a wholly owned subsidiary of Nippon Steel North America.
U.S. Steel shares stopped trading at 8:30 a.m. ET on Wednesday after Nippon completed its acquisition, according to a notice from the NYSE. The delisting will be effective on June 30, NYSE said.
Trump opposed Nippon’s bid to acquire U.S. Steel in the runup to the 2024 presidential, but he changed his mind after he took office. Trump ordered a new review of the deal in April after former President Joe Biden had blocked Nippon’s acquisition in January, citing national security concerns.
Trump announced a “partnership” between U.S. and Nippon in a May 23 post on his social media platform Truth Social, causing confusion among investors and union members about whether the structure of the original deal had changed somehow.
U.S. Steel and Nippon started adopting the president’s “partnership” language, though they never backed off from the terms of the original December 2023 merger agreement in their filings with SEC. U.S. Steel will continue to operate under its name though it will be subsidiary of Nippon.
Golden share
Trump did compel U.S. Steel and Nippon to sign a national security agreement with the U.S. government as condition for him clearing the deal.
The U.S. president will wield a “golden share” under the terms of the agreement. U.S. Steel said Wednesday that the golden share gives the president veto power over the following decisions:
Changing U.S. Steel’s name or moving its headquarters from Pittsburgh
Moving U.S. Steel outside the U.S.
Moving production or jobs outside the U.S.
Some decisions regarding the closure or idling of U.S. Steel’s domestic manufacturing facilities, trade, labor, and sourcing outside the U.S.
Reductions in capital investments under the national security agreement.
Material acquisitions of competing businesses in the U.S.
A majority of U.S. Steel’s board members and its CEO will be U.S. citizens, according to the terms of the national security agreement. Nippon also agreed that U.S. Steel will remain incorporated in the U.S.
Nippon will invest $11 billion in U.S. Steel by 2028, including $1 billion in initial spending on a greenfield project that will be completed after 2028, according to the agreement.