The 2027 Volvo EX60 Is Cheaper Than A Plug-In Hybrid XC60

The XC60 has long been Volvo’s best-seller. Now, the EX60 sets its sights on stealing the top spot from its aging brother.

Photo by: Volvo

Iulian Dnistran

By: Iulian Dnistran

May 18, at 12:00pm ET

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The 2027 Volvo EX60 electric crossover can now be ordered in the U.S.
Volvo’s next-generation EV has a lower starting price than the XC60 plug-in hybrid.
Despite the price difference, all EX60 versions can cover over 300 miles on a full charge.

The 2027 Volvo EX60 mid-size electric crossover is officially on sale in the United States. The next-generation EV starts from $59,795 for the entry-level P6 Plus version, and goes up to $68,745 for the better-appointed, more powerful, and longer-range P10 AWD Ultra variant. An even more powerful and longer-range trim, the P12 AWD, will join the lineup later down the road.

This pricing scheme makes the EX60 more expensive than the regular, gas-powered XC60 crossover, which has been Volvo’s breadwinner for its nearly decade-long existence, but it’s cheaper than the plug-in hybrid XC60. That’s a big deal, especially for car buyers who just have to have a Volvo, but don’t want the 35-mile electric range of the XC60 PHEV.

Gallery: 2027 Volvo EX60

Source: Volvo

In the EX60, range is a non-issue. The base P6 Plus, which is powered by a single, 369-horsepower rear electric motor, has an estimated 307-mile range and can recharge at up to 320 kilowatts via the native Tesla-style NACS charge port. According to Volvo, this trim can add up to 155 miles of range in 10 minutes, while the 10-to-80% top up takes 16 minutes.

Standard features include a 15-inch OLED central touchscreen running Volvo’s latest Google-based infotainment system with the Gemini AI assistant built in, a 21-speaker Bose sound system, and the Swedish automaker’s expansive Safe Space Technology suite of active and passive safety features.

For $6,600 extra, customers can upgrade to the Ultra trim, which adds unique badging, ventilated Nappa leather upholstery, a 28-speaker Bowers & Wilkins sound system, a dimmable electrochromic panoramic glass roof, and integrated second-row heated booster seats.

The 2027 Volvo EX60 P10 AWD version starts from $62,145. It’s powered by a pair of electric motors, one at the front axle and one at the rear, making a combined 503 hp. This version can accept a higher charging power of up to 370 kW, and can add up to 165 miles of range in 10 minutes if it’s plugged into a potent enough DC fast charger. The 10-to-80% time is the same as on the entry-level P6, at 16 minutes.

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The upcoming P12 AWD, which is not yet on sale in the U.S., will add up to 173 miles of range in 10 minutes, and it can go from 10-to-80% in 19 minutes. The maximum charging power is 370 kW, just like the P10, but the maximum driving range is an impressive 400 miles.

By comparison, the XC60 plug-in hybrid starts from $63,940 and goes all the way up to $74,840 for the Black Edition model. That’s great, but the EX60 now faces tough competition from the BMW iX3, which starts from $62,850, comes with dual-motor all-wheel drive, and has an EPA range rating of 434 miles. Then, there’s the upcoming Mercedes-Benz GLC EV and, of course, the more affordable Tesla Model Y.