Volvo has finally pulled the covers off the new XC40 Recharge, the brand’s first fully electric model, featuring a combined output of 402 HP (408 PS) and a driving range of over 249 miles (400 km).
Volvo will use the Recharge nameplate for each one of its chargeable models, meaning both fully electric and plug-in hybrids.
Volvo is planning to launch five new electric vehicles in the next five years, and the new XC40 Recharge is the first of the batch. The Swedish car maker wants electric vehicles to account for 50 percent of its global sales by 2025, with the remaining 50 percent to be hybrid cars.
The new Volvo XC40 Recharge is powered by two electric motors, one per axle, that offer a combined 402 HP (408 PS). If that sounds familiar, it’s because that’s the same powertrain with the also upcoming Polestar 2.
Volvo promises a driving range of over 249 miles (400 km) on the WLTP cycle and the ability to charge up to 80 percent in 40 minutes via 150kW fast-charging. The company also estimates a 200-mile driving range rating per the EPA. The battery pack is a 78 kWh lithium-ion unit.
“We have said this several times before: for Volvo Cars, the future is electric,” said Håkan Samuelsson, Volvo Cars CEO. “Today we take a major new step in that direction with the launch of our fully electric XC40 and the Recharge car line.”
Another highlight of the battery electric Volvo XC40 Recharge is the brand new infotainment system that runs on Google’s Android OS. The new infotainment is fully integrated with Volvo’s On Call digital connected services as well.
Compared to the regular ICE-powered XC40, the XC40 Recharge has a lower ground clearance due to the floor-mounted battery pack. Luggage space in the trunk is also slightly reduced but the adoption of a fully electric powertrain enabled Volvo to add another storage area under the bonnet, or frunk.
Pricing for the new Volvo XC40 Recharge is expected to be close to that of the Polestar 2, which is priced from €58,800 ($64,900) in Germany. The fully electric Volvo is expected to launch in the European market late next year, with the US to follow. Customers bying a new Volvo Recharge model from early 2020 will also get a year of free electricity via a refund for the average electricity cost during that period.