New Volvo XC40 is going electric. Volvo announces it’s first pure electric car, the XC40. They join the growing list of automakers making drastic shifts toward EVs. The Swedish car builder told Automotive News the information at a safety event in Gothenburg, Sweden, with plans to release the electric XC40 before the end of the year.
Most companies, Volvo included, have made the commitment to going partially electric. The automaker follows the company’s intent to make 50 percent of its global sales by 2025 electric vehicles. Also, Volvo plans to offer its three-cylinder engine to buyers in the United States as the engine equipped to a plug-in hybrid variant. Nothing official has been released with specifications or power of this plug-in powertrain, but initial predictions put the release on the streets later this year.
The Volvo XC40 will be built on their CMA (Compact Modular Architecture) platform similar to the Polestar 2. The initial numbers reported give the XC40 a 275-mile drive range on a single charge, but less equipped options with a shorter range will most likely be offered. The design is boxy which may effect those preliminary estimates on range. Pricing has not yet been announced for Volvo’s first full EV. Volvo has committed to selling a million electrified cars, globally, by 2025. The Volvo XC40 is a great first step to accomplishing that goal.
Image Credit: Volvo