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2025 Volvo EX30 First Drive Review: Little big time

BARCELONA, Spain — Priced from $36,245, including $1,295 for destination, the new EX30 is VolvoÂ’s least-expensive car. But make no mistake, thereÂ’s nothing cheap about this subcompact electric crossover. From its solid road manners to its clever use of interior textiles, this little cutie is comfortable, competent and bursting with charm. We'll get the EX30 in Single Motor Extended Range and Twin Motor Performance variants when it goes on sale in the U.S. early next year. Both models are powered by a 69-kilowatt-hour battery pack – 64 kWh of which is usable – that can be replenished at a maximum charging rate of 153 kW. Volvo says youÂ’ll only need 27 minutes to take the EX30 from a 10% to 80% state of charge, but thatÂ’s assuming the battery is properly preconditioned, the charger youÂ’re plugged into actually works correctly, the planets are all aligned, etc. The Single MotorÂ’s, um, single motor is mounted to the rear axle, producing 268 horsepower and 253 pound-feet of torque. ThisÂ’ll get the EX30 to 60 mph in a perfectly respectable 5.1 seconds, and Volvo estimates a 275-mile driving range for this configuration – though not if youÂ’re testing that aforementioned launch time on the regular, of course. The Twin Motor Performance has the same rear drive unit, but adds a second motor to the EX30Â’s front axle for a total output of 422 hp and 400 lb-ft of torque. ThatÂ’s a whole heck of a lot of power – even for a 4,140-pound crossover – and my goodness, does this EX30 scoot. Put the EX30 Twin Motor into its Performance AWD setting, stomp the throttle and youÂ’ll hit 60 mph in 3.4 seconds. That makes the EX30 VolvoÂ’s quickest accelerating production car ever. Nifty as that is, however, after a day of driving the EX30 on winding Spanish country roads and darting through traffic in BarcelonaÂ’s busy city center, I think the Single Motor is the way to go. Remember, even the pokiest EVs still feel quick thanks to instant electric torque, and at no point does the Single Motor EX30 ever feel like it canÂ’t get out of its own way. Beyond that, though, the EX30 Single Motor is simply more fun to drive. At 3,858 pounds, the rear-drive EX30 is 282 pounds lighter than the AWD version, and all that weight comes off the front end. This makes VolvoÂ’s tiny EV feel more playful and agile while cornering, especially with the well-weighted steering – not to mention the fun-to-handle squircle wheel.

Junkyard Gem: 2012 Volvo C30 T5 with 6-speed manual

Every year, fewer new vehicles are available in the United States with manual transmissions (though the ancient five-on-the-floor still exists… for now). American Volvo buyers preferred three-pedal setups in their cars later than some, though even they had mostly fallen out of love with manuals by the time the 1990s dawned. Still, some stubborn holdouts kept demand for the once-beloved gearbox technology alive here, until Geely-owned Volvo axed the manual transmission for the U.S. market after the 2013 model year. The final three-pedal Volvo sold here was the C30, and I've found one of those rare machines in a New Orleans car graveyard. The C30 was a cool-looking two-door hatchback that borrowed some styling influences from the the beloved 1800ES shooting brake. The biggest problem with it in the United States was that two-doors and hatchbacks in general no longer enticed many potential buyers into signing on the line which is dotted. The U.S.-market 2012 C30 came with a 2.5-liter turbocharged straight-five engine rated at 227 horsepower and 236 pound-feet, and owners could buy the Polestar Performance software upgrade to increase those numbers to 250 horses and 273 pound-feet. That made for a respectably quick machine with its curb weight of just 3,200 pounds. The six-on-the-floor manual was base equipment; if you wanted the five-speed automatic, the cost was $1,250 more ($1,711 in 2024 dollars). This is a base T5 model, so its MSRP was $24,950. That's about $34,159 after inflation. The C30 was discontinued after the 2013 model year, after many years of underwhelming sales numbers here. This one looked to have been in very nice cosmetic condition when it arrived here, so we can assume that it suffered some costly mechanical malfunction. There's more to life than a Volvo. That's why you drive one. There was an English-language version of this ad, but I prefer the Swedish one. The previous commercial dared to show a manual transmission, but the car in this ad has the slushbox. Is it ugly or is it beautiful?

Geely to sell $1.3 billion of Volvo Truck shares

China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth 14.46 billion Swedish krona ($1.32 billion) at the close of trading in Stockholm. In a statement, Geely said the divestment is “in accordance with its long-term strategy” and that it will remain VolvoÂ’s second-largest investor with 88.5 million A shares. “Geely HoldingÂ’s strategic adjustment and inclusion of AB Volvo in its automotive manufacturing and investment portfolio is part of the groupÂ’s risk management and diversified investment strategy,” the company said.   Geely is offering the 49.5 million shares through BofA Securities, Goldman Sachs Bank Europe and Barclays, according to a term sheet. The Sweden-based holding company that owns GeelyÂ’s stock guided that itÂ’s selling for SEK285.9 a share, a more than 2% discount from its closing price. Volvo reported first-quarter operating profit that beat analystsÂ’ expectations on Wednesday, as the truckmaker offset waning orders by charging higher prices. The company has been reducing production as demand returns to more typical levels following a post-pandemic recovery period. Its shares have advanced 12% this year. Geely pared its stake in Volvo in January and also sold some of its holding in Volvo Car AB in November. The holding company behind one of ChinaÂ’s most prominent carmakers early this year had to bail out Polestar, the struggling electric-vehicle manufacturer it started along with Volvo Car.   Earnings/Financials Volvo Truck Commercial Vehicles volvo trucks