People *really* want a £100k electric Volvo
Demand for the EX90 seven-seater is so high Volvo's had to close its order books...(though not in the UK)
Perhaps aware that finances make for rather dry reading material, Volvo has craftily smuggled some intriguing news about its new, all-electric EX90 SUV into its quarterly results.
The news being that the seven-seater has 'surpassed the company's boldest and most ambitious internal projections' to such a degree that it's had to temporarily close order books for it. Crikey. Though, that doesn't apply to the UK.
Granted, this is bad news if you were planning to buy an EX90 and live in a territory affected by the closures (those they haven't clarified), but presumably the Swedes won't need long to scale up production and free up some more build slots. We’re only surprised because of all the things the EX90 is, it is not cheap.
The entry-level Twin Motor variant costs a mouth-drying £96,000, while the Twin Motor Ultra is north of £100,000.
And it'll sit alongside, but not replace, the XC90 – for the time being at least. Don't forget Volvo is on a path to being an electric-only brand by 2030.
The EX90 gets a claimed electric range of 360 miles plus, and a potential 509bhp in Ultra spec. The fact that Volvo has been offering the car on a monthly subscription basis will undoubtedly have helped draw in buyers early.
Volvo intends to reopen order books in the terrorises affected 'soon', but förlåt, vänner (sorry, friends) it hasn't yet given a date yet.
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