Volvo’s EX30 SUV is small and goes fast, much like its newly unveiled US pricing
Four months after its public debut in Italy, Volvo has confirmed the targeted pricing for its compact EX30 SUV in the US. As one of the first all-electric models to reach cost parity with its combustion counterparts, the EX30 has the makings to be a true game changer for Volvo Cars and the EV industry as whole.
Volvo Cars has been moving fast toward today’s EX30 pricing announcement, as it was only May when we got our first teaser of the tiny SUV alongside promises of a June debut. Electrek‘s Seth Weintraub got the invite to Italy to see the sheet pulled off in person, learning some interesting tidbits about the EV, such as how it accidentally garnered some impressive acceleration.
As you can see in some of the images below, the EX30 will arrive not only as Volvo’s smallest SUV model, but will also offer the Geely-owned automaker’s lowest carbon footprint throughout its lifespan.
When the EX30 made its official debut this summer, we learned it was targeted to be priced around $35,000 – an MSRP milestone many OEMs have targeted but very few have hit. Today, Volvo has confirmed US pricing of the new EX30 and will deliver on its promise to offer its tiny SUV at a price to match its size.
Volvo confirms EX30 pricing, pre-orders begin this fall
Volvo Cars USA confirmed EX30 pricing today, which we have broken down by trim level and powertrain configuration below. As promised, the “Core” trim of the single motor version starts at an MSRP below $35,000 (excluding destination fees).
Described as, “an espresso shot of Volvo,” this compact SUV features a variety of Scandinavian design elements and safety features, including radars, cameras and ultrasonic sensors. The EX30 comes with Google Maps and Assistant built in alongside a myriad of ADAS features.
While we don’t have the details of the dual motor EX30’s EPA range yet, Volvo has shared that the single motor variant will be able to go 275 miles on a single charge. We do, however, already know the dual motor version can travel a blistering 0-60 mph in 3.4 seconds – not bad for a Volvo!
Per Volvo USA, here’s how the EX30 pricing breaks down:
| Powertrain | Trim Level | Starting MSRP* |
| Single Motor Extended Range | Core | $34,950 |
| Single Motor Extended Range | Plus | $38,900 |
| Single Motor Extended Range | Ultra | $40,600 |
| Dual Motor Performance | Plus | $44,900 |
| Dual Motor Performance | Ultra | $46,600 |
Today we also learned Volvo’s “Plus” package includes Harman Kardon Premium Sound, a dual tone panoramic roof in Onyx Black, and 19-inch wheels. The “Ultra” add-on includes the equipment above as well as Volvo’s next generation of Pilot Assist with Lane Change Assistance, a 360-Camera with 3D View, and Park Pilot Assist.
Volvo says it will share more details of the EX30’s trim levels and how they vary in the coming weeks, assumedly ahead of pre-orders which will begin in the US sometime this fall. First deliveries are expected to begin in the first half of 2024.
Electrek’s Take
As we’ve touched on multiple times since its teaser video in May, Volvo’s EX30 could be a home run for younger urban and suburban consumers that don’t need a giant car and don’t want to break the bank, but also want to go all-electric.
The Volvo name is also synonymous with safety, another huge selling point for younger consumers who are perhaps starting families or like weekend roadtrips. There are currently very few EVs on the market today that offer pricing anywhere near $35,000 – so the EX30 is sure to garner plenty of inquiries after Volvo starts advertising during NFL games or awards season and such.
Let’s remember, however, that this is a Geely EV that will be built in China, meaning there is not chance of federal tax credits in the US. At $35k who cares, but remember that’s merely the single motor “Core” trim. That will still be a hit, but we’d imagine Volvo will start rolling out those dual motor versions first to get some income flowing back to HQ.
Yes, the acceleration cannot be overlooked – that’s fast and the EX30 is going to be fun as hell to test drive. But price-wise, the dual motor trims aren’t far off from the Hyundai IONIQ 5, 6, and Kia EV6, and I’d personally take HMG’s technology and 800V platform over the EX30 – not to mention more passenger and cargo room.
That’s simply my opinion, however, and at the root of this equation, we as consumers all win. Volvo is on the cusp of delivering an ultra-compact, super affordable SUV in the US, presumedly setting the stage for a future of more price-friendly, dependable EV models for the masses. It’s exciting to see.
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On today’s extreme episode of Quick Charge, we’ve got the most affordable new EV in America packing 255 miles of range, sub-30 minute charging, V2H support, and more – all that for a price about $10,000 LESS than that new “affordable” Tesla.
We’ve also got specs for the all-new, all-electric Ferrari Elettrica and a world’s first, hydrogen-powered autonomous farm tractor from Kubota.
Today’s episode is brought to you by Climate XChange, a nonpartisan nonprofit working to help states pass effective, equitable climate policies. The nonprofit just kicked off its 10th annual EV raffle, where participants have multiple opportunities to win their dream model. Visit CarbonRaffle.org/Electrek to learn more.
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If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
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Momentum, the lifestyle-focused urban bike brand under Giant Group, has just launched the latest version of its popular Vida E+ electric bike – and this one’s all about making e-biking smoother, safer, and more accessible to riders of all experience levels.
The updated Vida E+ features a new 500W SyncDrive Move S motor offering 60Nm of torque and pedal assist up to 28 mph, designed to provide natural-feeling power whether you’re cruising to work or just exploring around town. The system uses a combination of sensors to analyze torque, speed, and cadence, automatically adjusting power output to match your pedaling effort.
According to Momentum, the motor engages with as little as 4Nm of pedal pressure and just 10° of crank movement, giving riders what they describe as an ultra-smooth and effortless start every time.
A new optional throttle adds another layer of convenience, letting riders cruise at speeds up to 20 mph without pedaling, which should be perfect for hills, traffic-heavy starts, or when you just want to relax and take it easy on the way home. The bike’s EnergyPak 700 battery provides up to a claimed 55 miles (88 km) of range on pedal assist or 43 miles (69 km) on throttle-only riding.
The Vida E+ also leans hard into comfort and safety. It sports a low-step aluminum frame for easy on-and-off, an 80 mm suspension fork, and wide 26×2.4-inch tires for stability and plushness. Four-piston hydraulic disc brakes ensure solid stopping power, while a new automatic motor cutoff feature stops assistance as soon as the brakes engage. The bike is UL 2849 certified, meaning it meets top-tier safety standards for batteries and electronics, which is a growing priority in the e-bike world as more cities and states consider requiring safety certification as a prerequisite.
With support for up to 300 pounds (136 kg) total load and optional racks front and rear, the Vida E+ is also built for everyday utility. And on the tech side, momentum’s RideControl app lets riders fine-tune speed and assistance, lock or unlock the bike electronically, and monitor battery health.
The new Momentum Vida E+ is available now through Giant Group’s nationwide dealer network with an MSRP of US$2,480.
Returning from a recall on its previous bike, Giant Group will now have an opportunity to see how the new version of the Momentum Vida E+ will fare.
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VW’s US EV lease deals just went from hero to zero. Federal tax credits are now dead, the automaker has wiped out up to $12,000 in lease incentives on the ID.4, and ended $10,500 in discounts on the ID. Buzz. The move bucks the trend as other brands continue to sweeten their EV lease offers.
As of September 30, 2025, Volkswagen offered up to $12,350 in lease cash on the ID.4, depending on configuration. That included a $7,500 federal lease tax credit for lessees as Bonus Customer Cash, plus $3,500 to $4,850 in Dealer Lease Cash. It made the ID.4 one of the top EV lease deals around.
On October 1, those incentives vanished. While the ID.4 still has a 0% APR equivalent lease rate, drivers lost more than $12,000 in savings overnight. The ID. Buzz took a similar hit. Last month, the 2025 ID. Buzz offered $10,500 off MSRP between the $7,500 tax credit and $3,000 Dealer Lease Cash. Now, almost all lease cash is gone. VW Credit is offering just $750 in Dealer Lease Cash, and weirdly, not on models with two-tone paint. According to CarsDirect’s lease calculator, the lowest-priced ID. Buzz trim now carries an effective monthly cost topping $1,000 — a considerable jump.
For comparison, the ID. Buzz Pro S was previously advertised at $589 a month for 36 months with $5,999 due at signing, or an effective monthly cost of $756.
The ID.4 lease once cost just $233 a month, making it one of the cheapest EVs to lease. According to updated estimates, that figure is now north of $800 – that’s hair-raising.
Meanwhile, VW’s rivals are going in the opposite direction. Ford extended its Mustang Mach-E lease deals through early January. Subaru’s updated 2026 Solterra still qualifies for the $7,500 lease credit, and Jeep replaced the expiring EV lease credit with equivalent bonus cash.
If you really want a Volkswagen, though, there’s some good news: financing deals haven’t changed. The 2025 ID.4 continues to offer 0% APR for 72 months, and buyers of the ID. Buzz can still get up to $3,250 in Bonus Customer Cash through November 3, a perk unavailable to lessees.
It kinda seems like VW doesn’t want to lease their EVs anymore…?? Let me know your thoughts in the comments below.
Read more: From $189 a month: 5 of the best EV lease deals in October
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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