Volvo is keeping busy these days by coming out with electric SUVs as small as the EX30 and as large as the EX90. The Geely-owned company knows customers are buying fewer cars as sales of hatchbacks, coupes, sedans, and wagons have declined in the last couple of days. The Swedish automaker is prioritizing the development of new crossovers to replace existing models while adding new members to the portfolio.


Despite the SUV craze, CEO Jim Rowan mentioned during an interview in November 2022 that electric sedans and wagons could hit the market after the SUV boom. On a similar note, chief operating officer Bjorn Annwall hinted in a new interview with Australian magazine Car Sales that a sports car is not completely out of the question:

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Volvo May Be Planning A New Electric Sports Car

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