{
    "success": true,
    "data": {
        "id": 1622518,
        "msgid": "another-electric-car-falls-volvo-halts-ex30-in-the-us-1773834720",
        "date": "2026-03-18 16:16:20",
        "title": "Another electric car \"falls\": Volvo halts EX30 in the US",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Business",
        "summary": "Volvo has decided to discontinue sales of its subcompact electric SUV, the EX30, in the United States after just two years, citing challenging market conditions and policy shifts. This move follows the reversal of electric vehicle incentives under President Trump, prompting manufacturers to pivot towards more profitable petrol and hybrid models amid declining demand for many EVs. While Tesla continues to thrive, the fate of the EX30 highlights broader struggles in the US EV sector, with experts predicting more models may not survive until 2026.",
        "content": "<p>The United States (ANTARA) - Volvo will cease sales of the subcompact\nelectric SUV EX30 in the United States after just two model years. The\nSwedish carmaker will continue selling the EX30 globally, but it becomes\none of several electric vehicles \u201celiminated\u201d as tariffs and production\ncosts force car manufacturers to adjust their strategies amid changes in\nthe automotive industry. The USA Today website, on Tuesday (17\/3) local\ntime, notes that with the current government stance on electric\nvehicles, minimal federal incentives, and tariffs heavily impacting\nglobal carmakers, many EVs are expected not to last until 2026. Electric\nvehicles have indeed begun to influence the US market in recent years,\nbut not all EVs share the same fate. Large models like the Tesla Model Y\nand Model 3 have become extremely popular and are used daily by many\npeople in the US. In contrast, other less successful EV models have\nbecome a burden for carmakers amid highly competitive market conditions.\nVolvo sold around 5,400 units of the EX30 in 2025. This figure may be\ndecent for some EV models, but Hyundai sold more than 47,000 units of\nthe Ioniq 5 in the same year, according to Cox Automotive data.\nMeanwhile, Tesla sold over 192,000 units of the Model 3 sedan in 2025,\nfar surpassing its competitors. Is the Volvo EX30 worth buying? The 2026\nVolvo EX30 starts at $40,345 (approximately Rp683.4 million). This car\nproduces 268 horsepower and 253 lb-ft of torque, with a range of up to\n420 km on a single charge. Volvo also offers the Twin Motor Performance\nvariant for $46,345 (Rp785 million) with 422 horsepower and 400 lb-ft of\ntorque. This variant has a range of around 407 km. The EX30 may appeal\nto a small segment of EV enthusiasts, but its impact is deemed not\nsignificant enough for Volvo to continue producing it. Why are many\ncarmakers starting to abandon EVs? Volvo is following the steps of\nseveral other brands, including Ford, which also discontinued promising\nbut business-unsustainable electric vehicle models. Many carmakers are\nbeginning to reduce EV production because President Donald Trump revoked\nthe electric vehicle policies from President Joe Biden\u2019s era. No longer\nrequired to produce electric vehicles, manufacturers can now focus more\non petrol and hybrid cars, which are more profitable, cheaper to\nproduce, and more popular with US consumers. Toyota recently made its\ntwo best-selling models, the Camry and RAV4, standard hybrids. The\ndecision to eliminate pure petrol versions of both models reflects\nmarket trends. US car consumers now tend to choose affordable and\nfuel-efficient vehicles. Tesla\u2019s sales are an exception compared to\nother brands. The EX30 is likely not the last EV model to \u201cfall\u201d amid\nrapidly changing market conditions.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/another-electric-car-falls-volvo-halts-ex30-in-the-us-1773834720",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}