Volvo has revealed the EX60 2027, an all‑electric SUV that will launch with a price identical to its plug‑in hybrid XC60 sibling . The model is built on a brand‑new SPA3 platform reserved solely for electric cars, a departure from the practice of re‑using gasoline‑car underpinnings.

SPA3 Platform Debuts Exclusively for the EX60

Johan Rasmusson, product commercial manager for the EX60, told Auto123 that the vehicle rests on Volvo’s SPA3 architecture, which is “reserved exclusively for electric models.” This means the chassis,battery packaging and electric drivetrain are engineered from the ground up, rather than being adapted from existing ICE platforms .

Pricing Parity with the XC60 Hybrid

Volvo announced that the EX60 will carry the same sticker price as the current XC60 plug‑in hybrid, a move that could erode one of the last cost barriers to EV adoption, according to the Auto123 prevew.

HuginCore Infotainment and Computing Leap

The EX60 will introduce Volvo’s new HuginCore system, named after Odin’s raven, which offers “massively superior” processing power for faster UI response and over‑the‑air updates, as reported by the test drive.

Dimensional Growth and Aerodynamics

While the EX60 keeps the XC60’s overall footprint, its length and wheelbase stretch by roughly 100 mm, reaching 4803 mm and 2970 mm respectively, and it achieves a low drag coefficient of 0 .265 thanks to streamlined door handles and subtle body sculpting.

Who Will Verify the EV’s Real‑World Cost?

Auto123 notes that other manufacturers have cancelled near‑finished EV programs over cost concerns; Volvo’s claim of price parity remains untested until market launch, and no independent pricing analysis has been published yet.