Volvo's EX30 EV is anticipated to reach within the US earlier than the tip of the 12 months

Volvo is shifting gears again, this time to speed up deliveries of its highly anticipated EX30 subcompact electric SUV so that it reaches the U.S. before the end of 2024.

The Swedish automaker last summer pushed back the U.S. launch of the EX30 to 2025, citing “changes in the global automotive landscape.” The move followed the Biden administration's 100 percent import tariff on Chinese-made electric vehicles.

While production of the EX30 currently takes place in Zhangjakou, China, Volvo is moving it to its factory in Ghent, Belgium.

Deliveries to the USA were originally planned for this summer. Volvo says it now wants to fulfill orders from customers who made deposits after the EX30 was presented in Milan in June 2023.

“While it has become one of the best-selling electric vehicles in Europe, customers in the US have patiently awaited its arrival,” Volvo said in a statement.

Volvo says it is prioritizing delivery of the most requested model: the EX30 Twin Motor Performance, with a suggested retail price of $44,900. The single-motor variant is scheduled to come to the USA during 2025.

In addition to all-wheel drive, the Twin Motor Performance is the “fastest accelerating Volvo ever,” says Volvo. And with a charging capacity of up to 153 kilowatts, the EX30's battery can be charged from 10% to 80% in 25 minutes.

While the EX30 has been described by Digital Trends as potentially “the best-looking” budget electric vehicle yet, it appears that the budget part of the equation may come into question at some point. Until last summer, the EX30 was expected to sell for $34,950. Volvo mentions that the EX30 is “currently” eligible for the Biden administration's popular $7,500 tax incentive when purchasing or leasing an electric vehicle.

But electric vehicle manufacturers, not to mention drivers, are now faced with uncertainty about what will happen to this incentive: The new Trump administration has toyed with the idea of ​​eliminating it entirely in 2025.