Volvo EX60: 50,000 orders, about 5,000 built. What the slow start means if you are waiting for one

What Volvo reported

Volvo Cars published its third-quarter results on 23 October 2026. It said the EX60 had more than 50,000 European orders, but that the production ramp-up was slower than planned because of new industrial technology such as cell-to-body construction. It said built volumes were rising steadily.^1,9

On the results call, chief commercial officer Erik Severinson put production so far at around 5,000 cars, which he said were at retailers, with customers or in transit. Chief executive Håkan Samuelsson said Volvo was "maybe too optimistic" about the ramp-up.^5,6

Both men said the cars themselves were not the problem. Samuelsson described it as the uptime of the automated line that fits close to 100 cells directly into the underbody, and said he expected no warranty impact.⁵

The delay lands in a hard quarter. Volvo reported an EBIT margin of minus 5.6% and announced about 2,500 job cuts, roughly 2,000 of them in Sweden.¹

Why the factory is behind

EX60 production started in April at Torslanda in Gothenburg. Automotive News reported a plan of about 2,000 cars a week and output of about a tenth of that, with problems fitting the battery pack into the body and building the electric motors.^7,8

A Volvo spokesperson, Jacquelyn Johnson, said megacasting and cell-to-body were industry-first methods, so the ramp-up was taking longer than planned. Severinson told analysts the plant would reach its invested production pace over the course of next year.^5,8

What the backlog means at different build rates

Charjin's arithmetic, not a Volvo forecast: 50,000 orders minus about 5,000 built leaves roughly 45,000 cars. At the reported rate of about 200 a week, that is around 225 weeks of output. At the planned 2,000 a week it is about 23 weeks.^1,5,7

The real figure will sit somewhere between, because output is rising and some orders may be cancelled or delayed by buyers. Volvo has not said how orders are split by market or version, or how long a new order now waits.^1,5

Europe comes first. Volvo told US dealers in late September that deliveries were delayed, and a dealer said it had hoped to sell about 7,000 there in 2026. Johnson said a significant number of cars would reach US dealers in early 2027; an unnamed source told Automotive News that significant volume was not expected until the second half of 2027.^7,8

Range and price by market

In the UK the EX60 starts at £56,860 for the rear-wheel-drive P6 with an 83 kWh battery and 379.7 miles of WLTP range. The P10 AWD, with 95 kWh, costs from £59,860 and is rated at 410.1 miles; the P12 AWD, with 117 kWh, costs from £64,860 and is rated at 503.3 miles.²

Volvo's US site lists the P6 at $59,795 with up to 307 miles and the P10 at $62,145 with up to 330 miles; it does not list the P12. Both US figures are about 19% below the UK WLTP figures for the same battery, and the US page does not say which test produced them.^2,3

What a charge costs at home

Taking the P6 from 10 to 80% uses about 58 kWh of its 83 kWh nominal capacity. At the GB average capped unit rate of 26.32p per kWh for October to December 2026, that is about £15.30 before charging losses. At its WLTP consumption of 24.1 kWh per 100 miles, the energy costs about 6.3p a mile.^2,4

The same charge for the P12 adds about 82 kWh and costs about £21.60. Volvo lists only nominal capacity, so the usable figure may be lower. Its quoted 16 to 19 minute rapid charges need a 350 kW or 400 kW charger.^2,4

What to check before you order

Ask the retailer for a confirmed build week rather than an estimate, and whether the price is fixed if the car arrives late. Volvo's own executives expect production to improve through 2027, so dates given now may move.⁵

The range and charging figures here are Volvo's. This piece found no measured independent test to set against them, so treat them as test-cycle numbers, not motorway range.^2,3