- The 2025 Volvo EX90 now costs $81,290
- The updated pricing includes a $3,300 price increase due to material costs
- The 2025 Volvo EX90 is in production in South Carolina
The 2025 Volvo EX90 has gotten $3,300 more expensive ahead of the planned start of U.S. deliveries later this year, reported Automotive News.
Volvo's website now lists the base price as $81,290 with the mandatory $1,295 destination charge, meaning it now exceeds the $80,000 price cap for the federal EV tax credit. When it announced pricing last November, Volvo said the U.S.-made EX90 would start at $77,990 with destination.
2025 Volvo EX90
A Volvo spokesperson told Automotive News that the price increase was due to higher material costs, adding that the higher pricing was announced to dealers and pre-order customers June 26 and that the website was updated the same day. Volvo began accepting pre-orders last November, but no "firm orders or non-refundable deposits" were placed before the price change was announced.
Volvo in June told customers that the first EX90 vehicles would ship without some features, including some driver aids, Apple CarPlay, and Plug & Charge and bidirectional charging, and that an unresolved battery-drain issue might cause early-build vehicles to use some energy while parked. The automaker said at the time that missing features would be added of free of charge via over-the-air updates, which would also address the power-draw issue.
2025 Volvo EX90
Unveiled in November 2022, the EX90 was originally scheduled to start deliveries in early 2024, but was held back due to software issues that apparently weren't completely resolved. Volvo now plans to deliver the first U.S. customer cars in the second half of this year, and has already started production of the EX90 at its South Carolina factory.
The Polestar 3 is slated to be built alongside the EX90 in South Carolina, and was held back by the same software issues. The two SUVs are built on the same platform, but the Polestar will be sold only with two rows of seats, while the Volvo is exclusively a three-row model. It's unclear if the Polestar 3 will also ship with missing features, or whether Polestar will raise prices.
