First Volvo EV To Have 250 Mile Range & $35k-40k Price Tag

Volvo says its first all-electric model, set to arrive in 2019, will have a range of at least 250 miles (402 km), and will be priced between $35,000 and $40,000.

Speaking to Automotive News at the Geneva Motor Show, Volvo Car USA chief executive Lex Kerssemakers said that a range of at least 250 miles is a prerequisite for a new electric vehicle, particularly in the U.S.

“That’s what I put in as the prerequisite for the United States. If I want to make a point in the United States, if I want to make volumes, that’s what I believe I need.”

It is reported that Sweden’s leading carmaker is still deciding whether to base this EV around an existing model or instead offer it as a standalone model.

Whatever the case may be, Kerssemakers says that both Volvo’s SPA platform and upcoming, smaller CMA platform, are both flexible enough to support electric powertrains.

Note: Volvo XC40 Concept pictured

PHOTO GALLERY

  • Sébastien

    I’d love an EV XC60 … But that long hood would make a great frunk.

  • Antonio Bošković

    i won’t be able to afford it but i’m looking forward to it

  • Smith

    A $35,000 Volvo with batteries and 250 mile range, why are they coming down market with a vehicle that is the most expensive to build. This will be the cheapest Volvo but the most expensive to build. Must be made in China, and will compromise the brand.

  • DJ

    its like if a Tesla and a Volvo. had a 3 way with a Jeep Compass

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