2027 Volvo EX60: Lower Price, Shorter Range vs BMW iX3

Wouter Smit · 2026-05-18

Volvo's newest electric SUV just dropped, and it's turning heads for one big reason: the price. The 2027 Volvo EX60 starts at under $60,000 for the base P6 trim, which is a bold move against rivals like the BMW iX3. But here's the catch—while the EX60 undercuts the BMW on cost, it can't quite match the iX3's driving range. Let's break down what this means for you if you're shopping for a luxury electric SUV. ### The Price Advantage: Why $60,000 Matters The Volvo EX60 P6 comes with 369 horsepower and a starting price that dips below the $60,000 mark. That's a solid deal in the premium EV segment, where many competitors hover closer to $70,000 or more. For buyers who want a stylish, Swedish-built electric SUV without breaking the bank, this is a compelling option. You're getting Volvo's signature safety features, a clean Scandinavian interior, and enough power for daily driving. But here's the thing: the base model's range hasn't been officially confirmed yet, and early estimates suggest it might fall short of the BMW iX3's 300-plus miles. If you're a commuter or city driver, that might not matter. But for road trips or long hauls, range anxiety could creep in. ### The P12 Variant: More Power, More Wait Volvo has also announced a more powerful P12 version of the EX60. This one boasts a jaw-dropping 400 miles of range on a single charge, plus even more horsepower. Sounds perfect, right? Well, there's a hitch: it won't arrive until later in the model year. No firm release date has been set, so early adopters will have to settle for the P6 or wait. If you can hold off, the P12 could be a game-changer. Four hundred miles is enough to drive from Los Angeles to San Francisco on one charge, with plenty to spare. But patience isn't everyone's strong suit, especially when you're eyeing a new EV. ### How It Stacks Up Against the BMW iX3 The BMW iX3 has been a benchmark in this space, offering a balanced mix of performance, luxury, and range. It typically starts around $65,000, so the EX60's lower price is a clear advantage. However, the iX3's range often exceeds 300 miles, even in real-world conditions. - **Price:** EX60 P6 under $60,000 vs. iX3 around $65,000 - **Range:** EX60 P6 estimated under 300 miles vs. iX3 over 300 miles - **Power:** EX60 P6 at 369 hp vs. iX3 around 335 hp - **Availability:** EX60 P12 delayed; iX3 available now So, you're trading some range for a lower upfront cost. For many buyers, that trade-off is worth it—especially if you primarily charge at home or work. ### What This Means for EV Shoppers If you're in the market for a luxury electric SUV, the 2027 Volvo EX60 is worth a closer look. It's affordable, stylish, and packed with tech. Just be realistic about your driving needs. The P6 is great for daily use, but if you frequently take long trips, you might want to wait for the P12 or consider the BMW iX3. Volvo is clearly aiming to undercut competitors on price, and that strategy could pay off. But range is still king in the EV world, and the EX60 hasn't fully dethroned the iX3 yet. ### The Bottom Line The 2027 Volvo EX60 is a strong contender in the electric SUV market, especially for budget-conscious buyers. It offers impressive power and a lower starting price than the BMW iX3, but the range gap is real. If you can wait for the P12 variant, you'll get the best of both worlds. If not, the P6 is still a solid choice—just plan your charging stops accordingly. Keep an eye on official range numbers when they drop, and test drive both models if you can. The best EV is the one that fits your life, not just your wallet.