Volvo EX30 will be the brand’s smallest electric crossover. It will be sold online on a subscription basis with a three-month minimum commitment. The company is betting on Gen Z-ers to make up the bulk of sales for its new baby EV.
Volvo aims to sell 1.2 million vehicles by 2025, with half of those models being electric. Half of all transactions will be made online, CEO Jim Rowan told CarAdvice. The company won’t offer battery rental or swapping anytime soon, citing safety concerns.