Volvo EX90 electric lease deals

Leasing a Volvo EX90 Electric in the UK

The Geely-backed Swedish car producer are intent on becoming the world’s leading all-electric SUV supplier for 2023 (and beyond). With the Polestar 3 having only just been announced in October 2022, the formal confirmation that Volvo will also be offering a similar alternative is great news for the existing fanbase of what has become known as the world’s safest cars.

And for those personal or business leasing customers with bigger families, the 7-seat / 3-row configuration will be warmly received. While the mid-size luxury SUV market is competitive for EVs, in the same way that it is for combustion, there are a distinct lack of 7-seat pure EV options to lease.

With only the Mercedes EQB targeting the 7-seat market so far, the addition of the Volvo will only compliment this. Indeed, the EX90 will be ultimately replacing the XC90 (a combustion and plug-in format), as Volvo work towards becoming an electric-only car manufacturer for 2030. Lead times on the new EX90 are stated to be 16 – 18 months, so this may only feature early 2024 at best!

What specifications will the EX90 be offering? 

Like many early innovations, particularly in the BEV market, there is still only limited information on the Volvo website  - so the final delivered product may vary a little. This is something many 2021 and 2022 new car customers have experienced, with microchip and parts shortages leading to vehicle changes during the build.

The e-car lease team are also aware that the innovative products, like the EX90, can be amended in conjunction with the market demands. And while it is clearly palpable that the 7 comfortable, and adult, seats which will be a key feature and selling-point for this SUV, the car will still include great specification on their range, which so far includes:

• Ultra – set to offer high definition pixel lights, safe space technology with lidar, air purifier, 4-zone climate system, 14.5” centre display, 360 degree camera, 8” driver display, active air suspension, active chassis, adaptive cruise, auto dimmed rear view mirror, BLIS and cross traffic alert, collision avoidance and mitigation, HUD, park pilot assist, 22” alloys, flush door handles with ground lighting, panoramic sunroof, roof rails in gloss black, power tailgate, alarm, alcohol lock preparation, smart card key, side impact protection, heated front and rear seats, front seat massage, driver-seat memory, Bowers & Wilkins audio and wireless phone charging; and
• Edition 1 – some of the early options to the UK market will be based on the introductory special edition model (expect to see this in most Volvo showrooms). This will reflect the same specification as the above with other key options to highlight like keyless entry and start, hill start and descent control, 22” black alloys, heated steering wheel, heat pump (for enhanced cabin heated and cooling efficiency), heated rear seats, lane keeping aid, run-off road mitigation, road sign information display, WHIPS, laminated side windows, Volvo Cars Services. 

Both options (and all others) will use the Luminar fitted technology for pedestrian detection coupled with 16 ultrasonic sensors, 8 camera and 5 radars for achieving high levels of vehicle autonomy, which Tesla have so far enjoyed as a primary selling point.

In terms of colours, expect Vapour Grey, Platinum Grey, Onyx Black, Denim Blue, Sand Dune and Crystal White to feature alongside the quilter Nordico leather interior which is available in Dawn, Charcoal or a Charcoal/Cardamom mixture. So far, the only additional feature you can add to the EX90 is the automatic foldable towbar which includes the Trailer Stability Assist Technology. For any lease customer with a caravan or trailer, the EX90 could be the perfect solution.

But how will the EX90 perform – is this a good battery / range SUV? 

To provide some choice, Volvo will be allowing customers to decide between two key battery configurations including:

• Twin Motor – expected to be around £96,000 this model will have a usable 107 kWh lithium-ion battery and this will offer 0 – 62 times of 5.9 seconds, 112 mph top speeds and 300 kW (or 402 hp). Expect a combined winter range of 240 miles with warmer weather allowing for 320 miles. On charging, the 11 kW AC max will allow 11 hour and 30 minute 0 – 100% charging times with the 250 kW DC maximum allowing 32 minute 10 – 80% times. A generous cargo volume of 1915L, the EX90 will also tow 750 kg (Unbraked) and an amazing 2200 kg (Braked). To be clear, this will have 7 adult seats, with 4 allowing for Isofix; and
• Twin Motor Performance – at just over £100,000 this model will have a usable 107 kWh lithium-ion battery which will offer 0 – 62 times of 4.9 seconds, 112 mph top speeds and 380 kW (or 510 hp). Expect a combined winter range of 235 miles with warmer weather allowing for 305 miles. On charging, the 11 kW AC max will allow 11 hour and 30 minute 0 – 100% charging times with the 250 kW DC maximum allowing 32 minute 10 – 80% times. The Performance model offers the same practicality for towing and cabin space. 

The only obstacle to the EX90 for UK customers will be the price, which is actually above and beyond the Polestar 3, with their £80,000 starting price. While business lease customers and salary sacrifice schemes do currently enjoy the beneficial approach of HMRC on Benefit-in-Kind, the PCH and retail customers will have to think more carefully about a price-range more readily seen with Range Rovers and even prestige performance sports cars – Lamborghini and Ferrari!

With economies of scale and inward manufacturer investment, the e-car team do hope that prices can be stabilised notwithstanding the cost of living crisis and inflationary issues which the UK faces at November 2022. The proof for Volvo will be in their order banks for the new EX90, which the group will expect to be one of the leading electric SUVs in 2023 / 2024. 

Ready to order your EX90 Volvo? 

Simply head to our Volvo-dedicated portion of the website to see our range. Some customers may have pre-ordered their vehicle with Volvo already (which you can do from November 2022). When you have confirmation on your build and arrival time, just speak to our electric vehicle experts at e-car lease and we can put together a personal or business contract hire quotation or help you understand the cost on a salary sacrifice arrangement. 

As the UK’s leading electric vehicle experts, our website provides you or the fleet manager with the key details on any electric car. Use our “living with your ...” tools which are available on each model, so that you have all the key details on range, charging times, charging costs and beyond. For more help or advice, don’t forget to call our expert term at e-car lease on 01942 910 001 or email at [email protected].