Open this photo in gallery: The 2025 Volvo EX30.Petrina Gentile/The Globe and Mail

Car companies are chasing Tesla in the race to get electrified vehicles on the road. Volvo is no exception. The 2025 Volvo EX30, which starts at almost $60,000 for the all-wheel-drive version, is Volvo’s fourth electric vehicle and is the luxury brand’s smallest, cheapest and fastest EV to date.

Volvo’s fastest, smallest and cheapest EV, the EX30, makes things complicated comes via ChinaTechNews.com.