Volvo EX30 MY2027 Priced at RM198,888 in Malaysia

What happened

Volvo Malaysia has set new pricing for the EX30 for the 2027 model year. The electric SUV now costs RM198,888. That is RM10,000 below the previous one-motor Ultra variant.

The variant lineup

The EX30 range in Malaysia is down to one variant. It is now called the P5 Long Range. The old one-motor Ultra name is gone.

The RM228,888 two-motor Ultra Twin Performance variant has been dropped. It is no longer part of the Malaysian lineup.

Why it matters

Malaysia's EV market is getting crowded as more brands launch locally. A lower entry price makes the EX30 more accessible to buyers comparing premium EVs.

The P5 Long Range name brings the Malaysian model in line with Volvo's global naming. A single-variant lineup also simplifies the buying decision.

What buyers get

The EX30 is Volvo's smallest electric SUV. The P5 Long Range name signals a focus on driving range over dual-motor performance.

The RM198,888 price applies to the 2027 model year. Pricing and variant details come from Volvo's Malaysian distributor via Paul Tan's Automotive News.

Impact on Malaysia

The RM10,000 cut lowers the cost of entry into Volvo's electric range in Malaysia. It also puts the EX30 closer in price to other premium EVs sold locally.

With the two-motor Ultra Twin Performance gone, Malaysian buyers have one EX30 option. Those wanting more power must look elsewhere in Volvo's lineup or at rival brands.

What's next

Volvo Malaysia has not indicated further changes to the EX30 range. The P5 Long Range is the sole variant on offer.

The new pricing applies to 2027 model year units. Interested customers should confirm final pricing and specifications with authorised Volvo dealers.