Search results for EX90
Mobility
Volvo to launch 13 new models by 2030 in biggest lineup push
Volvo will launch 13 new models by 2030 as it expands its product lineup. It plans to roll out 7 models for the United States and Europe and 6 models for China, reshaping its range around electric vehicles and third-generation hybrids. The plan follows sales declines in the first half. Volvo aims to double market share and lift its EBIT margin before depreciation from about 3.5 percent in 2025 to more than 8 percent.
Mobility
U.S. Costco raises engine oil price and imposes purchase limits, raising questions over EV maintenance cost edge
U.S. retailer Costco has raised the price of its private-label synthetic engine oil and introduced purchase limits, a move seen as a sign of cost pressure across the engine oil supply chain. The increase is linked to higher base oil prices and supply strains, alongside longer-term demand for higher-performance lubricants. Rising engine oil costs could widen maintenance cost differences between electric vehicles and internal combustion cars, though analysts caution it may not sharply boost U.S. EV demand.
Mobility
Volvo withdraws EX90, ES90 lidar features, offers cash compensation to existing buyers
Volvo is halting development of lidar-based functions for its electric EX90 SUV and ES90 sedan and has begun compensating existing buyers. The vehicles have lidar hardware, but the related software features will not be released. Volvo has ended its partnership with supplier Luminar, a company spokesperson in Norway said. Compensation varies by country, including payments in Norway and cash-equivalent options in the United States, as well as refunds in Europe and Canada.
