• Volvo Cars New Zealand delivered a strong Q1
result, finishing 67 per cent ahead year-on-year,
signalling a clear return to momentum for the
brand.
• The Volvo EX90, Volvo’s flagship fully
electric seven-seat SUV, launched in March and is now on
sale from only $149,990 with demonstrators available in
showrooms to test drive.
• XC90 Plug-in Hybrid T8
pricing repositioned to $149,990*, achieving price parity
with Volvo’s EX90 fully electric offering and allowing
customers to choose powertrain based on lifestyle, not
price.
• A new XC60 Plug-in Hybrid T8 Black Edition
has joined the line-up from $119,990, with limited stock
available.
Volvo Cars New Zealand is signalling a
powerful return to form, announcing exceptional first
quarter performance, with new product and pricing across its
electrified lineup. The brand has recorded a strong start to
2026, with total Q1 sales up by 67 per cent YoY, and
electrified models following overall growth trajectory with
66% growth YoY, signalling renewed momentum as
demand for electrified vehicles accelerates.
The
launch of the fully electric Volvo EX90 and strategic
pricing parity across the seven-seat battery electric and
plug-in hybrid models is central to this growth, removing
one of the biggest barriers to EV adoption while
strengthening Volvo’s European premium value proposition
here in New Zealand.
Daile Stephens, Volvo
Brand Manager, said customer demand accelerated
rapidly following the March electrification
surge.
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“With the uplift in customer demand for
electrified vehicles in March, we’re well-positioned to
support it. With stock arriving across both PHEV and fully
electric models, we’re ensuring customers have choice,
availability and confidence when selecting the right
electrified SUV for their needs. With electrified options
across most SUV segments, Volvo is well equipped to power
Kiwi adventures – today and into the future, with the
addition of the mid-sized fully electric EX60 later this
year.”
Dane Fisher, Group General Manager of
NordEast, the distributor of Volvo Cars New Zealand
said Volvo’s electrified strategy is resonating
by combining strong product relevance with premium European
value.
“Volvo has the right electrified products at
the right time, supported by some of the strongest value
positioning in the European premium segment. That
combination is building momentum and confidence right across
the retail network.”
Flagship SUVs and electrified
pricing strategy lead the way
Volvo is among
the first premium vehicle brands in New Zealand to
offer price parity between BEV and PHEV SUVs.
In
March, Volvo launched its most advanced vehicle to date –
the fully electric Volvo EX90 – into the New Zealand market.
The seven-seater EX90, Volvo’s safest SUV ever produced
to-date, is now on sale nationwide from $149,990*, with
demonstrator vehicles available for test drive at Volvo
retailers, introducing customers to a new era of
Scandinavian design, cutting-edge safety technology and
sustainable luxury.
To remove hesitation around
electrification choice, Volvo Cars New Zealand has also
repositioned pricing on the seven-seater XC90 Plug-in Hybrid
T8, from $161,990, to now be available for $149,990*,
effective immediately.
Further strengthening its
electrified portfolio, Volvo Cars New Zealand has introduced
a new mid-size SUV variant, the XC60 Plug-in Hybrid
T8 Black Edition, priced from $119,990*.
With limited stock available, the Black Edition
combines Volvo’s bestselling SUV with high performance
plug-in hybrid capability and distinctive blacked-out
styling, delivering strong value in the premium midsize SUV
segment.
In a market where EV adoption has been
influenced by upfront affordability and policy shifts, this
pricing approach directly addresses one of the most
significant remaining barriers to electrification in New
Zealand. As a result, fully electric Volvo vehicle sales are
up by 66% in 2026 compared to the same period in
2025.
This strategic pricing achieves parity
between Volvo’s flagship fully electric and plug-in hybrid
SUVs, ensuring customers no longer need to choose
their powertrain based on price, but rather on what best
suits their lifestyle.
With strong early-year growth
and, confident leadership in electrified pricing, together
with the authorised retailer network, Volvo Cars New Zealand
is setting the pace for the premium electrified automotive
market.