Volvo may be getting ready to bring something many longtime fans have been missing: a proper wagon. According to a new report, the Swedish automaker is developing a new electric sedan and wagon for Europe, with a U.S. launch reportedly under consideration for 2028. That would mark a meaningful return to form for Volvo in America, especially after the V60 and V90 exited the U.S. market following the 2026 model year.

The future models are expected to ride on Volvo’s SPA3 platform, the same next-generation EV architecture tied to the upcoming EX60 SUV. That should give the sedan and wagon a modern electric foundation with packaging flexibility, updated software capability, and the kind of safety-focused engineering Volvo buyers expect. While Volvo has not confirmed official names, the sedan could logically wear an ES60 badge, while the wagon may arrive as something along the lines of EV60. A more rugged Cross Country-style version is also reportedly possible.

Pricing is expected to start in the low-$50,000 range, which would place these models in a premium but still approachable space for buyers cross-shopping luxury EVs. They are not expected to be high-volume vehicles in the U.S., with Volvo reportedly targeting fewer than 10,000 units combined annually. That modest expectation makes sense, as wagons remain a niche choice here, even if they continue to have a loyal and vocal following.

Still, the timing could work in Volvo’s favor. The market has become heavily tilted toward SUVs, and even Volvo CEO Håkan Samuelsson has suggested that the industry may have gone too far in that direction. An electric wagon would give Volvo a chance to stand apart from the sea of crossovers while reconnecting with one of its most recognizable product identities. For buyers who want EV efficiency, wagon practicality, and a lower-slung alternative to another SUV, this could be exactly the kind of vehicle Volvo needs.

For now, this remains a reported product plan rather than a confirmed U.S. launch. Volvo has declined to comment, and final decisions around homologation, pricing, and market timing still appear to be ahead. Even so, the possibility of an electric Volvo wagon returning to American showrooms is enough to get enthusiasts paying attention. If it arrives in 2028 alongside a matching electric sedan, Volvo could offer something rare in the EV space: a practical, premium, Scandinavian longroof with real heritage behind it.