Volvo EX40 electric SUV

The Volvo EX40 is a compact premium electric SUV. It represents the rebranded version of the earlier XC40 Recharge, reflecting Volvo's updated naming convention for its fully electric vehicle lineup. The brand's transition to all-electric models is part of its global strategy to become a fully electric car maker by 2030.

Historically, Volvo Cars was a Swedish company founded in 1927. While it maintains its corporate headquarters and primary design centers in Gothenburg, Sweden, the ownership has changed significantly over the decades. After being owned by Ford Motor Company for many years, Volvo Cars was acquired by the Chinese automotive giant Geely Holding Group in 2010. Production is now global, with the EX40 being manufactured at the Ghent plant in Belgium and various facilities in China to serve different international markets.