New Volvo EX60 priced under $90K in Australia

Volvo has confirmed pricing and early details for its all-new Volvo EX60 electric SUV ahead of its Australian arrival between November and December 2026.

The brand positioning the almost large-size Swedish-built EV as a major technological leap over today’s XC60 hybrid line-up.

Australian pricing for the all-new 2027 Volvo EX60 will start from $86,990 for the rear-wheel-drive P6, while the dual-motor P10 AWD is priced from $101,990, with first deliveries set to take place from around November this year.

Pricing for the flagship P12 AWD has not yet been confirmed, although carsales understands it will arrive in Australia in the first quarter of 2027.

An entry-level model, potentially with P5 or P4 branding, has not been officially confirmed but is expected to arrive in Australia later in 2027.

This crucial base grade EX60 could slide under the $75,000 threshold for the Electric Car Discount that kicks in from April 2027.

Compared to the existing Volvo XC60 hybrid range – currently priced from $74,990 to $101,990 – the EX60 carries roughly a $10,000 premium across comparable grades.

Volvo says that increase in price reflects the EX60’s substantially more advanced architecture and software integration.

All Volvo EX60 models will be fitted as standard with three-zone automatic climate control (heatpump) with air quality system, tinted rear windows, an electrochromatic fixed glass roof, heated mirrors and seats front and rear, along with cooled and power adjustable front seats.

“The XC60 has become Volvo cars all-time greatest seller,” Volvo Cars Australia communications boss Greg Bosnic told carsales.

“It’s in a segment that’s highly contested in Australia. So now with EX60 with its safety features, with its looks, with the new software, the whole new platform architecture, it’s hugely, hugely important for us in Australia.”

Bosnic also said local interest is already strong despite Volvo not yet fully detailing the line-up.

“Demand is already there – before we announced this pricing, before announcing the specification. So we’re getting orders taken every week by our retail network,” he said.

Inside, all EX60 models come standard with a 15-inch OLED infotainment touchscreen (now landscape, not portrait) running Google Gemini AI functionality, allowing more natural voice interaction between occupants and the vehicle.

An 11.4-inch digital instrument cluster sits high on the dashboard, meaning the EX60 is unavailable with a head-up display.

Both P6 and P10 Volvo EX60 models will come with the high-end Bowers & Wilkins HiFi, comprising 28 speakers and an ability to play music solely though any of the four head rests, should other occupants not want to listen to a podcast or some such.

Performance across the EX60 range is built around a new 800-volt electrical architecture capable of ultra-fast DC charging speeds.

The entry-level P6 RWD produces 275kW and 480Nm from a rear-mounted electric motor paired with an 83kWh battery.

Volvo claims a 10–80 per cent charge can be completed in around 16 minutes, with a maximum charging capacity of 320kW.

Stepping up to the P10 AWD adds a front electric motor for combined outputs of 375kW and 710Nm for a 4.6 second 0-100km/h sprint. It’s juiced by a larger 95kWh battery pack. It can charge at 370kW.

At the top of the range, the P12 AWD develops a whopping 500kW and 790Nm, enabling a claimed 0-100km/h sprint time of just 3.9 seconds.

That flagship variant also receives a 117kWh battery delivering up to 810 kilometres of claimed range – so Sydney to Melbourne on one charge could be possible.

Volvo says the flagship EX60 it can add up to 340km of driving range in 10 minutes when connected to a 400kW DC fast charger.

Beyond the performance figures, Volvo reckons the EX60 represents its first “true software-defined car”, powered by the brand’s in-house ‘HuginCore’ computing system.

The system processes information from the vehicle’s exterior sensors and interior driver-monitoring cameras in real time, while enabling ongoing over-the-air software updates designed to improve the car over time.

Safety remains central to the package under Volvo’s new ‘Safe Space Technology’ umbrella.

Among the standout features is a new multi-adaptive front seatbelt system. This world-first tech uses the vehicle’s central computer and sensor suite to analyse occupant size, seating position and crash direction before adjusting restraint force during an impact.

“We think the EX60 is a game changer in a number of aspects. Obviously, from the [driving] range, but equally that whole quality of the car, the finish of the car, and it’s just a whole swedishness,” Bosnic said.

“This is another opportunity for the car to say – and scream – Volvo cars is a Swedish car company.”

Volvo also believes the EX60 Cross Country variant could help differentiate the line-up from rivals by introducing added off-road capability and rugged styling not currently offered by its cousin, the Zeekr 7X.

Unlike the Zeekr 7X, which rides on the Geely group’s older SEA architecture, the EX60’s SPA3 platform introduces high-end manufacturing techniques including Tesla-inspired ‘megacasting’ and cell-to-body battery construction.

Megacasting allows the floor structure to be produced as a single aluminium piece rather than more than 100 welded components, reducing complexity while improving stiffness and lowering weight. Getting the battery cells out can be more tricky though.

The cell-to-body battery design integrates the battery pack directly into the vehicle structure, helping lower the floor height for increased cabin space while also improving crash protection.

The Zeekr 7X undercuts the Volvo significantly on price, starting from $57,900 for the rear-wheel-drive variant and rising to $72,900 for the Performance AWD, though Volvo is banking on premium positioning, software capability and safety technology to justify the gap.

The brand’s local momentum has been steady in recent times, the XC40 currently stands as Volvo’s best-selling model locally with 766 sales recorded across the first five months of the year, representing a 20 per cent increase year-on-year.

The outgoing XC60 follows with 463 sales, up nearly 3 per cent, but other vehicles in the range have dropped, sending overall brand sales slightly south thus far in 2026.

Volvo expects the EX60 to eventually become its top-selling model globally and locally once deliveries begin.

The Volvo EX60 will arrive in Australian showrooms between November and December 2026, spearheading the next phase of the brand’s EV transition and introducing a new software-focused architecture expected to underpin future Volvo models.

With strong early interest already building through Volvo’s dealer network, the EX60 shapes as one of the brand’s most significant launches in recent memory as it targets premium electric SUV rivals both on luxury, technology and safety credentials.

How much does the Volvo EX60 cost?
EX60 P6 RWD – $86,990
EX60 P10 AWD – $101,990
EX60 P12 AWD – TBC
*Prices exclude on-road costs

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