Yet another electric vehicle is saying goodbye to US buyers, and this time it’s the Volvo EX30, the Swedish automaker’s most affordable EV starting at just over $40,000.
The Drive has learned from a Volvo spokesperson that dealers have been informed on March 13 about the EX30’s cancelation in the US market after the 2026 model year; this applies both to the standard EX30 and the EX30 Cross Country off-road-flavored variant.
EX30 orders that have already been placed will be honored by Volvo, but after that, production for the U.S. market will cease; the automaker estimates that will happen after the summer. If you were just about to place an order for an EX30, you need to hurry up because March 20 is the cutoff point.
Volvo Blames Shifting Market Conditions and Financial Factors
Cole Attisha
So why is Volvo pulling the EX30 from the US market in only its second model year—and roughly 14 months after deliveries began in January 2025? Yes, you’ve guessed it: because of US import tariffs and the unfavorable market environment for EVs created by the rollback of federal tax credit and the stricter fuel economy standards that favored EVs. Volvo did not say it explicitly, but that’s the gist of it.
The company representative said the decision is “a direct response to shifting market conditions and financial factors” and it came after “a thorough evaluation” of Volvo’s business and operational strategies. The Volvo EX30 for the US market is made in Belgium and is therefore subject to 15% import tariffs.
The automaker postponed the EX30’s US launch until it started assembling it in Belgium to avoid the 100% tariff imposed on Chinese-made vehicles by the Trump Administration; originally, the EX30 was made exclusively in China.
The fact that the Volvo EX30 remains available in the other North American markets—Canada and Mexico—makes it quite clear that US import tariffs were the main reason for the compact electric SUV’s demise in our market. Is there any chance for it to come back, though?
Volvo left the door open to that possibility, with the company spokesperson telling The Drive that “we are always evaluating every aspect of our business, including our product offering, and will continue to monitor market conditions.”
These EVs Also Said Goodbye to the US Market in 2026
The list of electric vehicles that have been canceled, delayed, or removed from the US market is growing longer by the day. This year alone, Honda scrapped the 0 SUV, 0 Sedan and Acura RSX—and that came only a few months after the Acura ZDX’s discontinuation.
Additionally, the Kia Niro EV has been discontinued from the US market, while the EV6 GT and EV9 GT high-performance models have been “delayed until further notice.” The Hyundai Ioniq 6 shares the same fate, with only the Ioniq 6 N remaining available for the 2026 model year. Nissan also delayed the entry-level Leaf S until further notice.
Recently, Lamborghini also killed the Lanzador EV, which was supposed to become its first fully electric model, although it will build a plug-in hybrid variant. Polestar also removed the Polestar 2 from its US website earlier this year. Here’s the full list of automakers that are walking away from EV plans.
