Volvo is pulling the plug on its smallest and least expensive EV this week. The automaker is winding down US-bound production and imports of the EX30 and EX30 Cross Country over the coming weeks, with the last examples wrapping up the 2026 model year at the end of this summer due to financial and market considerations. In other words, tariffs are up, and sales are down.
It’s a tough time to be selling EVs in the US right now. Volvo joins a growing list of automakers reassessing or outright canceling their electric car ambitions in the US due to market and political conditions over the last year. Earlier this year, Chevrolet announced that it would be ending production of its highly anticipated Chevrolet Bolt revival after just one model year. Last week, Honda announced the cancellation of its upcoming 0-Series of US-built electric cars before even reaching production, and that’s just
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