logo
Huge car brand ‘to launch new EV version' of their best-selling model of all time early next year

Huge car brand ‘to launch new EV version' of their best-selling model of all time early next year

The Sun30-06-2025
AN ICONIC car brand is set to launch an incredible new EV version of its best-selling model of all time - and it comes out early next year.
The cutting-edge electrical version of the fan-favourite car will be on the UK market in January 2026 - and Brit drivers need to wait just half a year to own one.
3
Drivers will be able to get their hands on the stunning Volvo EX60 in just six months.
The state-of-the-art car comes as the brand's response to Audi 's Q6-e-tron, the Porsche Macan Electric and the much anticipated BMQ iX3.
The all-electric car is the non-petrol alternative to the popular XC60 SUV - the brand's best-selling model of all time.
The first images of the EX60 revealed the car's new rear light signature.
It does not appear to have a full-width light bar - like most other EVs being launched at the moment - but it does feature separate segmented tail-lights embedded in the rear windscreen.
These are also found on the Volvo EX90, EX30 and ES90.
The breathtaking new design also features angular rear haunches, a bigger Volvo lettering across the tailgate and smooth surfacing.
It will also boast eight-bit-style LED headlights, flush door handles, and aerodynamic alloy wheels.
The EX60's overall proportions are understood to be similar to the current XC60.
It is currently unclear if the new EX60 will feature the advanced LiDAR driver-assistance tech, which features on the flagship EX90.
I drove the new Volvo EX30 Cross Country – it's a tough, high-riding EV that can conquer ice lakes and look cool at home
Chief Product and Strategy Officer, Erik Severinson told Auto Express the brand is experimenting with 'different kinds of [safety] sensors going forward'.
The EX60 is also set to be Volvo's first model to feature the new "multi-adaptive safety belt" tech.
And it will also be the first built on the firm's next-generation SPA3 platform.
The new platform has been branded as a "groundbreaking" feat which was deigned for "longer range, efficiency and intelligent core computing".
SPA3 is set to allow the Swedish brand to develop and build cars of all sizes using the same extraordinary tech.
Another big upgrade that will set the EX60 apart from other electric Volvos is its new 'structural' battery pack.
This clever tech, already used by Tesla and BYD, bonds the battery directly to the car's floor.
Severinson said this leads to 'improved energy density".
It also allows 'great driveability' thanks to extra stiffness in the chassis.
The larger EX90 uses a massive 107kWh battery, giving it a range of 374 miles on a single charge.
Since the EX60 is smaller, it is likely to get a more compact, lighter pack - but with better energy density.
It could therefore potentially manage close to 400 miles on a full charge.
The incorporation of the new cutting-edge tech is partly thanks to the EX60's megacasted rear underfloor.
Most cars have rear undercarriages constructed using a multitude of different parts.
But the EX60 will get a single unit that is cast out of aluminium.
Megacasting is a relatively new concept in the car world.
Tesla is one mainstream brand already using the method, along with several Chinese firms like Nio, Zeekr and XPeng.
Volvo says the new rear floor is '15–20 per cent less' heavy than a traditional stamped version, while offering 'just as good, if not better, safety and durability'.
The process brings other benefits too, including more boot space and faster production.
A megacasted floor takes just 120 seconds to make - compared to an hour for a standard multi-piece one.
Right now, Volvo uses 20 per cent recycled aluminium in production, but it plans to boost that figure and fully recycle each floor at the end of the car's life.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nigel Farage urges Chancellor not to hike gambling taxes for horse racing
Nigel Farage urges Chancellor not to hike gambling taxes for horse racing

The Sun

time19 minutes ago

  • The Sun

Nigel Farage urges Chancellor not to hike gambling taxes for horse racing

NIGEL Farage enjoys Glorious Goodwood ­yesterday — as he called on Chancellor Rachel Reeves to not hike gambling taxes. The Reform UK leader warned of enormous damage if the 15 per cent duty is aligned to the 21 per cent for online casino-style games. 2 He said: 'I do think horse racing is different. "You're making an individual decision each time to have a bet. "There are checks and safeguards in place already.' The racing industry says finances will be badly hurt if the current rate is increased for online games. A Treasury consultation on the issue has now closed. He was speaking out as he attended the West Sussex racecourse as a guest of Scottish Dubai-based businessman Dr James Hay, who has previously donated to the Tory party. His wife Fitriani has also given £50,000 to Reform UK last year. Horse trainer John Gosden has warned British horse racing will be harmed by the punishing new betting tax. "I don't want to see our industry destroyed. It would be tragic. We are world leaders." Nigel Farage on leading the polls, being 'ready' to be PM & why he 'hopes people hate him' 2

Donald Trump hits out at Federal Reserve as US jobs fall
Donald Trump hits out at Federal Reserve as US jobs fall

Daily Mail​

timean hour ago

  • Daily Mail​

Donald Trump hits out at Federal Reserve as US jobs fall

Donald Trump launched a fresh attack on the chair of the Federal Reserve after the US jobs market suffered a sharp slowdown over the summer. The world's largest economy added just 73,000 jobs in July – fewer than the 110,000 expected – reviving hopes of a September interest rate cut. And figures for May and June were lowered by 258,000 in an unusually large revision by the US Bureau of Labor Statistics (BLS). In retaliation, Trump last night said he would sack BLS head Erika McEntarfer. It came as US stocks tumbled after Trump slapped tariffs on trading partners. The Dow Jones Industrial Average fell 1 per cent yesterday afternoon, while the S&P 500 dropped 1.2 per cent. The tech-focused Nasdaq was down 1.7 per cent. European stocks were also rocked by Trump's trade war, with Germany's Dax losing 2.7 per cent and Paris's Cac index dropping 2.9 per cent. The UK got off lightly as the FTSE 100 fell 0.7 per cent, or 64.23 points, to 9068.58. Pharmaceutical firms were among the biggest fallers in London after Trump demanded lower prices. AstraZeneca fell 1.9 per cent and GSK dropped 1.5 per cent. The retreat came as revised figures showed the US economy added just 14,000 jobs in June, a figure revised from a previously reported 147,000. Payrolls for May were slashed by 125,000 to a gain of 19,000 jobs. The BLS described revisions as 'larger than normal'. Atakan Bakiskan, US economist at Berenberg, said: 'The July report provided ammunition for those expecting a Fed rate cut in September.' 'This data has led to a rapid recalibration of US interest rate expectations,' Kathleen Brooks, research director at XTB, said. On his social media platform Truth Social, Trump wrote: 'Too little, too late. Jerome 'Too Late' Powell is a disaster. DROP THE RATE! .. Tariffs are bringing billions of dollars into the USA!' The President has branded the central bank chair a 'stubborn moron', saying he 'must lower interest rates now'. 'If he continues to refuse, the board should assume control and do what everyone knows has to be done,' he added. Reports last month suggested Powell's future could be in doubt after Trump met congressional Republicans to discuss sacking him. But the President later insisted he would only fire the central bank boss if he were guilty of fraud.

Car finance payouts limited, but lenders aren't off the hook
Car finance payouts limited, but lenders aren't off the hook

BBC News

timean hour ago

  • BBC News

Car finance payouts limited, but lenders aren't off the hook

There may well be a few sighs of relief from senior finance company and banking executives following the Supreme Court's ruling, but it is unlikely you will hear the champagne corks verdict does almost certainly reduce the potential compensation bill significantly. Lenders no longer face the prospect of having to pay £30bn to £40bn to aggrieved car buyers. The likelihood of the government stepping in also appears to have receded the industry is not off the hook. The Financial Conduct Authority may still open a redress scheme for cases where dealers had a financial incentive from lenders to ramp up interest rates on loans as much as possible. The Supreme Court's ruling also upheld one consumer claim, in which the commission payments were deemed unfair – and that could provide a template for others to follow. All of this means the compensation bill could still be in the Supreme Court's intervention has been eagerly awaited since October, when the Appeal Court issued a verdict in three test cases which could have triggered an avalanche of compensation each case, people who had bought cars on finance claimed they were partially unaware that the deal had involved a commission payment being made by the lender to the car dealer. They claimed that in law the commissions amounted to bribes, or secret Appeal Court judges agreed, essentially saying that commission payments made by a finance company to a dealer for arranging a car loan were illegal if the car buyer had not given his or her "informed consent".They also concluded that a car dealer had a "fiduciary duty" towards the car buyer when it came to arranging a car loan. In other words, the dealer should set his or her own interests aside, and act purely on the customer's meant that millions of car buyers could potentially claim compensation – if they could show that the dealer had not specified what commission payments they were receiving for lining up a finance deal. It was not enough for the details to be buried in small had feared that this would lead to an avalanche of claims against them – and that the same arguments could be used to challenge other kinds of consumer finance agreements as well, potentially increasing the compensation bill still the Supreme Court threw very cold water over those arguments. The President of the Court, Lord Reed, dismissed the idea that car dealers had a "single minded duty of loyalty" to their customers, and insisted they "plainly and properly" had personal interests in the finance agreements they were involved ruling clearly blocks off what could have been a very wide avenue for compensation claims. However, the court did side with one of the claimants. In the case of Marcus Johnson, a factory worker, it decided that the finance agreement was "unfair" under the terms of the Consumer Credit Act. This was because the size of the commission payment was very large, and because Mr Johnson had been misled about the relationship between the dealer and the lender. He was, they said, entitled to say this could open the doors for other cases in which the commission payments are seen to be is also a key question the Supreme Court ruling does not answer. This is what should happen in cases involving so-called Discretionary Commission Agreements (DCAs). These were finance deals in which the car dealer could set the interest rate of a loan, within a set scale. The higher the rate, the more commission they would be paid – and the customer would be unaware of the Financial Conduct Authority banned such deals in 2021. It is now considering whether to launch a redress scheme for consumers who were affected by them. If it goes ahead, millions of car buyers could still have a claim, though it is not clear how much compensation they would to Richard Barnwell, a financial services advisory partner at accountancy firm BDO, the bill could still be substantial."We believe there is still a potential for redress, for example, if discretionary commission arrangements are deemed to be an unfair relationship, redress could still be from to £5bn to £13bn or more," he analysts agree. According to Martin Lewis, who runs the MoneySavingExpert website, "the Supreme Court has certainly narrowed the number of people who will be able to reclaim car finance. I think you're probably talking the lower end of £10bn, as opposed to £40bn."That £10bn would still be a significant figure. But the finance industry appears to have avoided the potential free-for-all rush to claim compensation the earlier verdict had threatened to spark while the Treasury says it will "work with regulators and industry to understand the impact for both firms and consumers", the BBC understands that the likelihood of the government intervening with retrospective legislation to protect financial firms has now diminished law of bribery only applies to persons who owe a single-minded duty of loyalty and are therefore bound to have no personal interest in the matter that they are dealing the present case the car dealers plainly and properly have a personal interest in the dealings between the customers and the finance companies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store