Volvo is ‘definitely not’ leaving the US, but it’s dropping these vehicles from its lineup
Volvo confirmed it will continue selling vehicles in the US, but its lineup will look a little different. With plans to cut several models, Volvo will offer only about half of the cars it currently sells globally.
Volvo adjusts US lineup, cutting several vehicles
Days after Volvo announced it would begin production of the XC60 in the US, its best-selling vehicle, we are learning the move is part of a major shakeup.
Volvo has already begun cutting sedans and station wagons from its US lineup. The Swedish luxury brand confirmed plans with Reuters on Thursday, citing slowing demand amid the Trump administration’s new auto tariffs.
Outside of the V60, Volvo will only offer SUVs in the US, or about half of the 13 vehicles in sells globally. Production of the S60 ended at its South Carolina facility last year.
Volvo also told Reuters that the European-spec EX40 was also temporarily paused, but it would be available “shortly.” The company didn’t comment on why.
Meanwhile, its new electric vehicles, including the EX30 and three-row EX90, are failing to live up to the hype. Both were expected to see strong US demand, but Volvo is one of the most exposed to Trump’s tariffs.
Although the EX90 is built in South Carolina, many parts still come from Europe, which is now subject to a 25% tariff.
The EX30, which was expected to arrive at around $35,000, is only available in the dual-motor variant, priced from $46,195.
During an interview on CNBC’s Europe Early Edition, Volvo’s CEO Håkan Samuelsson said the company would “definitely not” leave the US market altogether.
“What we are doing is first of all, we want to fill our factory we have in South Carolina. It should be the strategic asset it was intended to be. So, we have to utilize it more,” Samuelsson explained.
By bringing XC60 production to the facility, Volvo said it would “soon now produce something for everyone in its US plant.”
The EX60 has been Volvo’s best-selling model globally for years and is the most popular in the US. So far this year, the XC60 accounts for over a third of Volvo’s total sales. It’s also the fourth-best-selling luxury plug-in hybrid in America.
Volvo is set to begin building XC60 models in South Carolina in late 2026. It will also continue building the EX90 “for customers who want more space or are looking to go fully electric.”
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The new and improved Hyundai IONIQ 5, or the hot-selling Chevy Equinox EV? Which electric SUV makes the smarter lease? Here’s the rundown.
Over 607,000 electric vehicles were sold in the US in the first half of 2025, thanks to some big discounts. Many automakers are currently offering generous savings, as Trump’s “One Big Beautiful Bill” is set to end federal EV incentives at the end of September.
According to Cox Automotive’s latest EV Market Monitor report, EV incentives reached a record of nearly $8,500 in June, or about 15% off the average transaction price (ATP).
That’s more than double the incentives offered on gas-powered vehicles. Seven electric vehicles had an ATP below $40,000, including the Chevy Equinox EV. The Equinox EV was the top-selling EV in the price range.
Starting at just $34,995, GM calls it “America’s most affordable 315+ range EV.” The electric Equinox has already propelled Chevy to become the number two EV brand in the US behind Tesla.
Through the first half of the year, the Chevy Equinox EV accounted for nearly a third of GM’s electric vehicle sales. And it could have sold even more. A dealer in California reached out to Electrek, claiming they had to wait over a month to receive Equinox EV models. It’s now on track to be among the top three selling EVs in the US.
Which EV to lease: Chevy Equinox EV or Hyundai IONIQ 5
With leases starting at just $289 per month, it’s no wonder the electric SUV is flying off the lot. The offer is for 24 months with $3,909 due at signing.
Alternatively, you can opt for 0% APR financing for 60 months, which Chevy is offering on all 2025 electric vehicle models.
| 2025 Chevy Equinox EV trim | Starting Price | EPA-estimated Range | Monthly lease Price (July 2025) |
| LT FWD | $34,995 | 319 miles | $289 |
| LT AWD | $40,295 | 307 miles | $351 |
| RS FWD | $45,790 | 319 miles | $416 |
| RS AWD | $49,090 | 307 miles | $453 |
The base 2025 Chevy Equinox EV LT starts at $34,995 with up to 319 miles of range. The interior boasts up to 57.2 cu ft of space and a 17.7″ infotainment screen.
How does it compare to the IONIQ 5? Hyundai has upgraded its best-selling electric SUV with major improvements, including increased range (now up to 318 miles), a revamped interior and exterior, and a built-in NACS port to access Tesla Superchargers.
After cutting lease prices again this month, the 2025 Hyundai IONIQ 5 is currently listed at just $179 per month.
However, that’s for the base SE mode, which has an EPA-estimated driving range of 245 miles. The longer-range IONIQ 5 SE RWD, with 318 miles range, can still be leased for just $199 per month right now. Both offers are for 24 months with $3,999 due at signing.
| 2025 Hyundai IONIQ 5 Trim | EV Powertrain | Driving Range (miles) | Starting Price* | Monthly lease price July 2025 |
| IONIQ 5 SE RWD Standard Range | 168-horsepower rear motor | 245 | $42,500 | $179 |
| IONIQ 5 SE RWD | 225-horsepower rear motor | 318 | $46,550 | $199 |
| IONIQ 5 SEL RWD | 225-horsepower rear motor | 318 | $49,500 | $209 |
| IONIQ 5 Limited RWD | 225-horsepower rear motor | 318 | $54,200 | $309 |
| IONIQ 5 SE Dual Motor AWD | 320-horsepower dual motor | 290 | $50,050 | $249 |
| IONIQ 5 SEL Dual Motor AWD | 320-horsepower dual motor | 290 | $53,000 | $259 |
| IONIQ 5 XRT Dual Motor AWD | 320 horsepower dual motor | 259 | $55,400 | $359 |
| IONIQ 5 Limited Dual Motor AWD | 320-horsepower dual motor | 269 | $58,100 | $299 |
Hyundai is also throwing in a complimentary ChargePoint Level 2 home charger with the purchase or lease of a new 2025 IONIQ 5. All IONIQ 5 trims are listed with 1.99% APR financing for up to 60 months.
The 2025 Hyundai IONIQ 5 offers up to 59.3 cu ft of cargo space with a dual 12.3″ driver display and infotainment system setup.
Both the Hyundai IONIQ 5 and Chevy Equinox EV are hard to pass up right now, with lease prices expected to be as low as they will ever be.
Looking to snag the savings while they last? You can use our links below to find offers on the Chevy Equinox EV and Hyundai IONIQ 5 near you.
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Volkswagen’s ID.3 just got a gold star from the folks at ADAC, Europe’s largest automobile club. After four years of pushing the all-electric hatchback to its limits in a long-term endurance test, the VW ID.3’s battery still held 91% of its original capacity – a big win for EV durability.
Engineers at ADAC’s Test and Technology Centre in Landsberg am Lech, Germany, put the ID.3 Pro S through its paces, clocking over 160,000 kilometers (roughly 99,400 miles). That’s the full length of VW’s battery warranty – eight years or 160,000 km – and the car came out swinging.
The ID.3 Pro S is equipped with a 77 kWh net-capacity battery. Volkswagen guarantees that its ID. models will keep at least 70% of their original net battery capacity by the end of the warranty period. After the test, the ID.3 beat that benchmark by a long shot.
The ADAC didn’t baby this car, either. Over 40% of the charging was done using DC fast chargers, and the vehicle was frequently left at 100% charge between test drives, sometimes for days at a time. (That’s a no-no for battery longevity, but it’s precisely why this test matters.)
Engineers kept a close eye on the ID.3’s battery health between drives. They also regularly updated the vehicle software, including installing Volkswagen’s EV Route Planner, which calculates optimal charging stops using real-time traffic and charge level data. One major update even bumped up the charging rate to 170 kW.
The software upgrades didn’t just improve charging – they helped boost efficiency too, especially over short distances and during chilly winter temps (0–5C/32–41F).
Beyond battery life, the VW ID.3 also scored high marks for build quality. Even after all those kilometers, ADAC said the chassis, suspension, steering, and body were still in solid shape – no significant wear or issues.
ADAC’s big piece of advice is to keep your software up to date. That made a noticeable difference in range and driving experience over the four-year test.
Martin Sander, a Volkswagen board of management member responsible for sales, marketing and after sales, says the results show its ID. line (including the US-made ID.4s) is built to last. “A high battery capacity of over 90% after 160,000 kilometers confirms our ID. models are also very attractive as used cars and continue to meet the requirements of our customers.”
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla announcing new Model 3 and Model Y variants, the robotaxi expansion wars, big Lucid news, and more
The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.
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After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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