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EV Price Cuts Surge in Korea

Volvo’s premium electric sport utility vehicles (SUVs) ‘EX30.’ (Photo courtesy of Volvo) Volvo Car Korea announced on Feb. 20 that it will lower the sales prices of its premium electric sport utility vehicles (SUVs) ‘EX30’ and ‘EX30 Cross Country’ (EX30CC) starting next month. The EX30 Core trim will be reduced by 7.61 million won (approximately $5,240) from the previous price to 39.91 million won. The EX30 and EX30CC Ultra trims will each be re…
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businesskorea.co.kr broke the news in on Friday, February 20, 2026.
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