Volvo Car Australia has quietly reduced prices Volvo EX30 And EX40 Electric SUVs with discounts up to $11,300.
No technical changes were made to the two small electric SUVs.
“Volvo Car Australia has repositioned its 30 and 40 Series fully electric vehicles,” a company spokesperson said in a statement.
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“To meet the arrival of the groundbreaking EX60, it is paramount that we change our current game plan. When the all-electric midsize SUV comes to market, it will be a game-changer in the largest electric market segment in terms of range, charging speed, performance and price.”
Prices for the EX30 have been reduced by between $7,000 and $11,300, with the range now starting at $49,990 before on-road costs – a full $10,000 less than before.
The price of the EX40 – formerly known as the XC40 Recharge – has been cut by $7,000 across the range and now starts at $69,990 before on-road costs.
Expected to launch here in late 2026 or early 2027, the EX60 will serve as the brand’s first midsize electric SUV and battery-powered alternative to the popular XC60.
The EX30 was introduced here in 2024 as the brand’s entry-level electric SUV.
It is offered with a single-motor rear-wheel drivetrain with 200 kW of power and a 69 kWh battery with 462 km of electric range on the WLTP cycle. It is offered in either Plus or Ultra trim levels.
The tougher-looking EX30 Cross Country upgrades to dual-motor all-wheel drive with 315kW of power but offers a range of 417km. This is now the only way to integrate a dual-motor powertrain into the EX30, after the Twin Motor Performance offered at launch was discontinued last year.
The older EX40 is offered in a single specification level, but with either 185kW single-motor rear-wheel drive or 300kW dual-motor all-wheel drive, both with an 82kWh battery. The WLTP range is 520 km and 485 km respectively.
EX30 prices
| Model | Price before on-road costs |
|---|---|
| 2026 Volvo EX30 Single Engine Extended Range Plus | $49,990 (-$10,000) |
| 2026 Volvo EX30 Single Engine Extended Range Ultra | $54,990 (-$11,300) |
| 2026 Volvo EX30 Cross Country AWD | $62,990 (-$7,000) |
EX40 prices
| Model |
Price before on-road costs |
|---|---|
| 2026 Volvo EX40 Single Engine Extended Range Ultra | $69,990 (-$7,000) |
| 2026 Volvo EX40 Twin Engine Ultra | $74,990 (-$7,000) |
MORE: Explore the Volvo EX30 showroom
MORE: Explore the Volvo EX40 showroom
