2024 Volvo EX30 to be among Australia's top-selling electric cars, sold out until September

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EVs are forecast to account for two in three Volvo sales in Australia come the end of this year, thanks to the new city-sized EX30.

Sales of Volvo electric cars in Australia are expected to be supercharged with the arrival of the Volvo EX30 city SUV, tipped to become the company’s second-best selling model – and outperform the XC60.

The EX30 – the company’s smallest and cheapest electric car, priced from $59,990 plus on-road costs – is forecast to eventually account for 30 per cent of Volvo sales in Australia, which set a record last year with 11,128 deliveries.

Volvo Car Australia estimates electric cars will account for 70 per cent of its monthly sales by the end of the year, up from 40 per cent today.

The brand’s local arm expects to deliver 3900 examples of the Chinese-built EX30 – in showrooms now – by the end of this year, including 1500 by the middle of the year.

MORE: 2024 Volvo EX30 electric car price rises ahead of first deliveries

The entire Model Year 2024 (MY24) production run has been spoken for – representing 1500 vehicles – in addition to the first 200 Model Year 2025 (MY25) examples, making for the most pre-launch interest in a new Volvo in the company’s Australian history.

If the 3900-vehicle sales projection is achieved – and using last year’s electric-car sales as a guide – the Volvo EX30 could place among Australia’s Top Five best-selling electric vehicles this year.

Last year, 3900 sales would have been enough to place the EX30 in fourth place – between the BYD Atto 3 and MG 4 – though the MG 4 was not on sale for the full year.

Orders placed today – at a $1300-higher price for single- and twin-motor Ultra variants – are estimated to see delivery in September 2024, after the first MY25 cars arrive in August.

Volvo says most buyers have been private customers, while 60 per cent of planned production has been allotted for the twin-motor version, capable of 0-100km/h in a claimed 3.6 seconds.

All variants of the EX30 in Australia use the larger of the two batteries available globally, a 69kWh nickel-manganese-cobalt pack – rather than the 51kWh lithium-iron-phosphate unit available overseas – to simplify the range, according to Volvo Australia.

Volvo has previously announced a plan to only sell electric cars from 2026, ahead of the global plan to end sales of petrol Volvo cars in all markets by the end of the decade.

“If it gets delayed for any reason, that’s not because we don’t want to push it through, it’s because of product and availability [of new models],” Volvo Car Australia boss Stephen Connor told Drive.

“But whatever happens, we will still be much earlier than 2030.”

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