2025 Volvo XC60
The 2025 Volvo XC60 is an upcoming electric vehicle (EV) model positioned between the XC40 Recharge electric SUV and the long-awaited electric replacement for the XC90 SUV. The XC60 successor will be core to achieving Volvo’s all-out electrification goal by 2030. The new XC60 will have a name rather than a numerical designation and will feature estate styling and EV options. It is expected to be powered by batteries produced by the new joint venture of Volvo and battery company Northvolt, which is building a new battery factory in Sweden to reach an annual output of 50GWh by 2026. Before that factory opens, Volvo will procure batteries for the XC60 replacement from Northvolt’s existing facility at a rate of 15GWh annually from 2024.
The BMW iX3 rival will be the first production car powered by these batteries, which is well over two-thirds of Volvo’s output. The XC60 will use the same SPA2 architecture as the XC90 successor, which can house both pure-electric and hybrid drivetrains, paving the way for both hybrid and electric versions to share the same design. The SUV has been the Swedish brand’s best-selling car for the past four years. Given the popularity of the current combustion-engined XC60, Volvo is likely to keep it on sale for a period alongside the new EV.
Volvo aims to boost its EV sales from 6.5% of global sales last year to 50% by 2025, on the way to ditching combustion entirely by 2030. A swiftly expanding line-up of EVs, heavy investment in production facilities, and new car construction processes will be vital to achieving this goal. Volvo looks to emerge as a front-runner among the ‘legacy’ manufacturers going up against Tesla.