Volvo EX60 to become UK's longest-legged EV with 503-mile range

"It's designed for scale in every dimension: when it comes to size, my job is to make sure that the company has optionality. We are designing [the SPA3] to be scalable from B to F [segments], to make sure that we have flexibility and that we can launch the products that markets decide they want when they want it.”

Since all future new Volvo models will share the same basic tech stack, Bell added that it will allow for more focused and rapid development. “Because it’s all one technology stack, there's no repeat of work,” he said. “It's the same software stack, same basic electrical architecture. Yes, it's scalable in size, price and capabilities, but it's not spreading our products in different ecosystems. 

“Everything we do gets married to the Volvo connected car cloud. If you look at successful tech companies, they're all single tech stack companies where all their products are interlinked. Apple is a good example: hardware, software, telephones, laptops – they’re basically all interconnected with the same software. That’s one example of where we need to be converging as a technology company going forward.

"Our focal point is safety, sustainability and creating this fantastic customer experience, all wrapped in this Scandinavian design, on one tech stack."

As previously revealed by Autocar, the EX60 will also be the first Volvo designed to benefit from megacasting – a technology set to be introduced with the SPA3 that allows for entire sections of a car to be created as a single part rather than multiple elements.

That, along with other changes and the more modular nature of the SPA3, will lower production costs.

When it arrives, Volvo's EV line-up in Europe will consist of the EX30, EC40, EX40, EX60, ES90 and EX90, with the addition of the EM90 MPV in China.