The company known as Volvo Car USA today declared its complete pricing for the company’s 2024 lineup of luxury cars and SUVs.

This is highlighted by the introduction of two new Volvo-developed fully electric power-train options on the C40 Recharge and XC40 Recharge.

The release also highlights that the entire lineup of Volvo cars consists exclusively of mild hybrid, plug-in hybrid and fully electric vehicles. What does this mean for customers? It means they can find an electrified Volvo to fit their individual lifestyles.

Check out the impressive lineup

In addition to the C40, XC40, and XC60 Black Edition, Volvo Car USA will continue to offer its award-winning range of stylish SUVs, sporty sedans and highly capable wagons.

Vehicle and Trim

MSRP

XC40 B5 AWD, Core, Bright theme

$40,100

XC40 B5 AWD, Core, Dark theme

$40,100

XC40 B5 AWD, Plus, Bright theme

$45,000

XC40 B5 AWD, Plus, Dark theme

$45,000

XC40 B5 AWD, Ultimate, Bright theme

$48,800

XC40 B5 AWD, Ultimate, Dark theme

$48,800

XC40 Recharge Single Motor Extended Range RWD, Core

$52,450

XC40 Recharge Single Motor Extended Range RWD, Plus

$55,400

XC40 Recharge Single Motor Extended Range RWD, Ultimate

$58,800

XC40 Recharge Twin Motor AWD, Core

$54,200

XC40 Recharge Twin Motor AWD, Plus

$57,150

XC40 Recharge Twin Motor AWD, Ultimate

$60,550

C40 Recharge Single Motor Extended Range RWD, Core

$53,600

C40 Recharge Single Motor Extended Range RWD, Plus

$55,400

C40 Recharge Single Motor Extended Range RWD, Ultimate

$58,800

C40 Recharge Twin Motor AWD, Core

$55,350

C40 Recharge Twin Motor AWD, Plus

$57,150

C40 Recharge Twin Motor AWD, Ultimate

$60,550

S60 B5 FWD, Core, Dark theme

$42,000

S60 B5 FWD, Plus, Dark theme

$44,950

S60 B5 FWD, Plus, Black Edition

$46,650

S60 B5 AWD, Core, Dark theme

$44,300

S60 B5 AWD, Plus, Dark theme

$47,250

S60 B5 AWD, Plus, Black Edition

$48,950

S60 B5 AWD, Ultimate, Dark theme

$49,750

S60 Recharge T8 eAWD plug-in hybrid, Core, Dark theme

$51,950

S60 Recharge T8 eAWD plug-in hybrid, Plus, Dark theme

$54,900

S60 Recharge T8 eAWD plug-in hybrid, Plus, Black Edition

$56,000

S60 Recharge T8 eAWD plug-in hybrid, Ultimate, Dark theme

$57,400

S60 Recharge T8 eAWD plug-in hybrid, Ultimate, Black Edition

$58,550

V60 Polestar Engineered T8 eAWD plug-in hybrid

$71,250

V60CC B5 AWD, Plus

$49,750

V60CC B5 AWD, Ultimate

$54,800

XC60 B5 AWD, Core, Dark theme

$46,450

XC60 B5 AWD, Plus, Dark theme

$50,950

XC60 B5 AWD, Ultimate, Dark theme

$56,400

XC60 B5 AWD, Ultimate, Black Edition

$57,500

XC60 Recharge T8 eAWD plug-in hybrid, Core, Dark theme

$57,900

XC60 Recharge T8 eAWD plug-in hybrid, Plus, Dark theme

$62,400

XC60 Recharge T8 eAWD plug-in hybrid, Ultimate, Dark theme

$67,850

XC60 Recharge T8 eAWD plug-in hybrid, Ultimate, Black Edition

$68,950

XC60 Polestar Engineered T8 eAWD plug-in hybrid

$75,250

S90 B6 AWD, Plus

$57,700

S90 B6 AWD, Ultimate

$63,250

S90 Recharge T8 eAWD plug-in hybrid, Plus

$65,650

S90 Recharge T8 eAWD plug-in hybrid, Ultimate

$71,200

V90CC B6 AWD, Plus

$59,150

V90CC B6 AWD, Ultimate

$64,750

XC90 B5 AWD, Core, Bright theme

$56,000

XC90 B5 AWD, Plus, Bright theme

$59,900

XC90 B6 AWD, Core, Bright theme

$60,900

XC90 B6 AWD, Plus, 7-Seater, Bright theme

$63,400

XC90 B6 AWD, Ultimate, 7-Seater, Bright theme

$69,400

XC90 B6 AWD, Plus, 6-Seater, Bright theme

$63,900

XC90 B6 AWD, Ultimate, 6-Seater, Bright theme

$69,900

XC90 Recharge T8 eAWD plug-in hybrid, Core, Bright theme

$71,900

XC90 Recharge T8 eAWD plug-in hybrid, Plus, Bright theme, 7-Seater

$73,600

XC90 Recharge T8 eAWD plug-in hybrid, Ultimate, Bright theme, 7-Seater

$79,600

XC90 Recharge T8 eAWD plug-in hybrid, Plus, 6-Seater

$74,100

XC90 Recharge T8 eAWD plug-in hybrid, Ultimate, 6-Seater

$80,100

Volvo Cars company is responding to strong demand for the electric Volvo EX30 car. As such, it has decided that it will start building the new fully electric Volvo EX30 in its Ghent plant in Belgium as from 2025. That will expand production capacity for its celebrated small SUV.

The EX30 was revealed earlier in 2023 to almost universal acclaim and has already won several major awards. It’s holding ‘The Sun Car of the Year’ and ‘The Small SUV/Crossover of the Year’ award from the Sunday Times.

Production of the EX30 began earlier this fall in Zhangjiakou, China and the first cars will soon reach customers later before this year ends.

Now, building the car in Ghent boosts production capacity for the expected EX30 demand in Europe as well as for global export, and reflects Volvo Cars’ ambition to build its cars where it sells them as much as possible.

The company expects this electric to be one of its best-selling models in coming years. At the current time, Volvo Cars builds its top-selling XC60 and XC40 SUVs in both Europe and China.

However, its ambition is to sell the EX30 around the world at an attractive price point, easing the transition to driving an electric Volvo car for more people while also contributing to company margins.

Adding production in Ghent is a logical move as the company aims to capture the strong demand for its exciting small electric SUV across the globe.

By 2030 we plan to sell only fully electric cars and by 2040 we aim to be a climate neutral company. That clear roadmap towards all-out electrification represents one of the most ambitious transformation plans of any legacy car maker.

To underline our commitment to those ambitions, today at Climate Week NYC we announce the end of production of all diesel-powered Volvo Car models by early 2024. In a few months from now, the last diesel-powered Volvo car will have been built, making Volvo Cars one of the first legacy car makers to take this step.

This milestone follows our decision last year to exit the development of new combustion engines. In November of 2022 we sold our stake in Aurobay, the joint venture company that harboured all of our remaining combustion engine assets. We’re no longer spending a single krona of our R&D budget on developing new internal combustion engines.

“Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions,” says Jim Rowan, Chief Executive at Volvo Cars. “We’re fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo – and are a key part of our response to climate change.”

An urgent need for action

We’re all-in on electrification because it’s the right thing to do. The recent Global Climate Stocktake report issued by the United Nations underlined the urgency of the climate emergency faced by humanity, as well as the need for action.

“What the world needs now, at this critical time for our planet and humanity, is leadership,” says Jim Rowan. “It is high time for industry and political leaders to be strong and decisive, and deliver meaningful policies and actions to fight climate change. We’re committed to doing our part and encourage our peers as well as political leaders around the globe to do theirs.”

To further emphasise this point, our chief sustainability officer Anders Kärrberg will attend an event organised by the Accelerating to Zero (A2Z) Coalition at this year’s Climate Week NYC. Launched at the COP27 climate summit, the A2Z Coalition provides a multi-stakeholder platform for signatories of the Glasgow Declaration on Zero Emission Vehicles, of which we are one.

The A2Z platform allows us to collaborate and coordinate actions with others towards the coalition’s collective target of ‘making 100 per cent of global new car and van sales free of tailpipe emissions by 2040, and no later than 2035 in leading markets’.

While our own electrification target is more ambitious than that, we hope to inspire other companies to be bolder in taking action against climate change through today’s announcement on diesels and by taking part in the A2Z discussions and other gatherings at Climate Week NYC.

 

A changing outlook

Our decision to completely phase out diesels by early 2024 illustrates how rapidly both the car industry and customer demand are changing in the face of the climate crisis.

Only four years ago, the diesel engine was our bread and butter in Europe, as was the case for most other car makers. The majority of cars we sold on the continent in 2019 were powered by a diesel engine, while electrified models were only just beginning to make their mark.

That trend has largely inverted itself since then, driven by changing market demand, tighter emission regulations as well as our focus on electrification. The majority of our sales in Europe now consists of electrified cars, with either a fully electric or plug-in hybrid powertrain.

Less diesel cars on the streets also has a positive effect on urban air quality; while diesels emit less  CO₂ than petrol engines, they emit more gases such as nitrogen oxide (NOx) that have an adverse effect on air quality especially in built-up areas.

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