Volvo has put a price on the EX60, its new mid-size electric SUV, and the number is sharper than the badge would suggest. The range opens at $86,990 before on-road costs and tops out at $101,990 before on-road costs. That undercuts the BMW iX3 and the Audi Q6 e-tron, the two cars Volvo most wants on your shopping list. The catch is the wait.
The pricing, decoded
There are two variants. The EX60 Ultra P6 is rear-wheel drive, opens the range at $86,990 before on-road costs, and pairs a single 275kW motor with an 83kWh battery for a claimed 620km of WLTP range. The Ultra P10 adds a second motor and all-wheel drive, carries a larger 95kWh battery, lifts combined output to 375kW and 710Nm, and is priced from $101,990 before on-road costs. Volvo quotes 660km of WLTP range for the P10 and a 0 to 100km/h time of 4.6 seconds. The rear-drive P6 covers the same sprint in 5.9 seconds, which is plenty for a family SUV.
What the money buys
Both variants ride on an 800-volt electrical architecture, the same approach Porsche and Hyundai use, which means quicker charging once you find a charger fast enough to use it. Volvo fits a 28-speaker Bowers and Wilkins sound system as standard, with speakers built into the front headrests, and a new multi-adaptive seatbelt that changes how it restrains each occupant based on the crash. The battery is covered for 10 years, the rest of the car by Volvo's usual 5-year unlimited-kilometre warranty.
Cartell Assessment
Price the EX60 against the badge and it looks dear. Price it against the cars Volvo actually wants cross-shopped, the BMW iX3 and the Audi Q6 e-tron, and $86,990 before on-road costs is a sharp opening number. Volvo has matched those rivals on range and beaten most on standard equipment. The rear-drive P6 is the one to buy, because 620km of range covers real life and almost nobody needs the 4.6-second sprint of the P10. The honest problem is the calendar. Late 2026 from a car company often reads as early 2027. A Tesla Model Y or a BYD Sealion 7 can be in your driveway next week. The EX60 asks you to wait most of a year, and that wait is the only thing between it and an easy recommendation.
AU Outlook
Volvo has its pricing and specs out well ahead of launch, which is smart, because it keeps the EX60 on shopping lists through the back half of the year. Watch for a drive-away figure closer to the on-sale date, and watch BMW, because it will not let a Volvo undercut the iX3 without an answer. If you are shopping this segment now and cannot wait, the choice is easy. If you can hold out, the EX60 has earned a tab left open.
