Would you buy an EV without $7,500 credit?
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2024’s Electrek EV of the year will again be controversial: The Volvo EX30. The svelt car from the Swedish brand that is owned by a Chinese company tops our list because it embodies the future of EVs. The EX30 was originally going to be made in only in China, but is now being built in Europe as well and it could even be built in the US where deliveries are just now starting.
The non controversial part is that this is an amazing EV. From the Swedish minimalist interior and exterior styling, to the AWD version’s 3.4 0-60 time (the quickest accelerating Volvo) to its $35,000 starting price, the EX30 screams innovation. But, as they say, that’s not all…
In light of Tesla and its CEO Elon Musk’s support of ending EV credits in the US, many have said that this will somehow help Tesla against the competition. But it won’t, and here’s why.