Volvo EX30 and EX40 Price Cuts: Up to $11,300 Off in Australia

Key Points

Volvo has cut EX30 prices by up to $11,300 and EX40 prices by $7,000 across the range.
The EX30 now starts from $49,990 before on-road costs — $10,000 less than before.
The cuts come ahead of the EX60 mid-size SUV, expected in late 2026 or early 2027.

Volvo Car Australia has cut prices on the EX30 and EX40 electric SUVs. The reductions range from $7,000 to $11,300 depending on the model. No specification changes have been made.

The company says the move is to reposition its 30 and 40 series ahead of the EX60 arrival. The EX60 is a new mid-size electric SUV expected in late 2026 or early 2027.

EX30 Price Cuts

The EX30 is Volvo's smallest electric SUV. It sits in the small SUV segment. Key competitors include the BYD Atto 3, MG ZS EV, and Tesla Model 3.

The EX30 is offered in Plus and Ultra trim levels with a single-motor rear-wheel drive setup. The Cross Country variant adds all-wheel drive.

EX30 Pricing: Before and After

Model	Before	After	Change
2026 Volvo EX30 Single Motor Extended Range Plus	$59,990	$49,990	-$10,000
2026 Volvo EX30 Single Motor Extended Range Ultra	$66,290	$54,990	-$11,300
2026 Volvo EX30 Cross Country AWD	$69,990	$62,990	-$7,000

EX30 Key Specs

Variant	Power	Drive	Battery	WLTP Range
Single Motor Extended Range	200kW	RWD	69kWh	462km
Cross Country AWD	315kW	AWD	69kWh	417km

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EX40 Price Cuts

The EX40 was previously known as the XC40 Recharge. It sits in the small-to-medium SUV segment. Key competitors include the Tesla Model Y, BMW iX1, and BYD Seal U.

The EX40 comes in one specification level with a choice of single-motor rear-wheel drive or dual-motor all-wheel drive. Both use an 82kWh battery.

EX40 Pricing: Before and After

Model	Before	After	Change
2026 Volvo EX40 Single Motor Extended Range Ultra	$76,990	$69,990	-$7,000
2026 Volvo EX40 Twin Motor Ultra	$81,990	$74,990	-$7,000

EX40 Key Specs

Variant	Power	Drive	Battery	WLTP Range
Single Motor Extended Range Ultra	185kW	RWD	82kWh	520km
Twin Motor Ultra	300kW	AWD	82kWh	485km

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What About the EX60?

The EX60 is Volvo's upcoming mid-size electric SUV. It will replace the XC60 in the electric lineup. Volvo expects it to arrive in Australia in late 2026 or early 2027.

Volvo says the EX60 will compete on range, charging speed, performance, and price in the mid-size SUV segment.

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How Do the Cuts Compare to Rivals?

The EX30 at $49,990 now sits closer to the BYD Atto 3 (from around $44,990) and Zeekr X (from around $49,990). It remains a premium option in the small SUV segment.

The EX40 at $69,990 competes more directly with the Tesla Model Y (from $58,900) and BMW iX1 (from $69,900). The price cut makes it more competitive.