Volvo is set to launch its new category-defying electric ES90 car, which combines design elements from the company’s sedans and SUVs.
While it succeeds the non-electric S90 sedan, the ES90 features a raised ground clearance and a 3.1 metre wheelbase, creating a large interior similar to an SUV.
“The Volvo ES90 combines our most advanced technologies with Scandinavian design and superior comfort, creating a true premium Volvo car designed to elevate your quality of life,” said Volvo CEO Jim Rowan.
“It joins the EX90 SUV as one of our flagship models and cements our position as an industry leader in software-defined cars that harness the power of core computing.”
The car boasts a range of 700 kilometres on a full charge, and includes faster charging speed than previous Volvo models due to a new 800 volt system. The ES90 can add up to 300 kilometres of range in just 10 minutes of charging, and supports bidirectional charging to export power back to the electrical grid.
This will be the first Volvo car to host a dual Nvidia Drive AGX Orin computing chip, which will manage the vehicle’s safety features, artificial intelligence capabilities, and software.
The vehicle includes both a 9-inch driver’s screen display and a 14.5-inch screen in the centre. Its infotainment system is powered by Qualcomm’s Snapdragon Cockpit Platform, and is integrated with Google Play.
The ES90 also features 99.9% protection from ultraviolet rays through its panoramic roof, with adjustable transparency available for its electrochromic roof options. Its advanced air purifier can remove 99.9% of grass, tree, and pollen allergens, the company said.
The car will first be launched in Sweden this month, and is expected to reach Australia in late 2025. It will be priced from 929,000kr (A$142,000) in the Swedish market.
Volvo reached a global annual sales record in 2024. While it reported a 2.94 billion kr year-over-year drop in operating profit last quarter, orders rose by 24%. Geely Holding, its second-largest shareholder, signed a EU€2.4 billion syndicated loan this week to refinance its 2018 Volvo stake acquisition.
Volvo’s (STO: VOLV B) share price closed at 326.70kr, up from its previous close at 319.70kr. Its market capitalisation is 664.7 billion kr.
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