Tuesday, June 18, 2024
News2022 Volvo XC40 Recharge: Lower Price and Longer Range in Canada

2022 Volvo XC40 Recharge: Lower Price and Longer Range in Canada

Volvo improved on the XC40 Recharge's two most important weaknesses for 2022

  • Range has been increased to 359 kilometers

  • Base price will now be $59,950 in Canada

  • This price reduction allows the XC40 Recharge to qualify for Quebec incentives.

Volvo has made some changes to its XC40 Recharge compact electric SUV for 2022, including lowering its price and giving it more range, thus alleviating two of its weaknesses.

The range of the SUV has had a 24-kilometer jump and now sits at 359 kilometers, in part due to the addition of a heat pump to warm the cabin in the winter, but mostly due to changes in the programming of the motors.

A good new for owners of 2021 model year XC40 Recharge, these software modifications will be available in a free update, so the range of their vehicle will be improved.

The bigger new is that the base price of the XC40 Recharge in Canada has been lowered by $5,000 from $64,950 to $59,950. This lower price is important, because it will make the vehicle qualify for government incentives in Quebec, where $8,000 will be subtracted from the total price, giving an effective base price of $51,950.

Outside of Quebec, however, the XC40 Recharge will not be admissible for any rebates since every other provincial program places the limit lower and the federal credit only applies to EVs with a base price lower than $55,000.

This lower base price is achieved by a new version called Core, which is the new entry level model. Higher up in the range is the Plus version that adds a panoramic sunroof, 360 degree cameras and fog lamps, among others, for $67,950.

The top trim level is called Ultimate and it adds a Harman Kardon premium sound system and Volvo’s Pilot Assist driver assistance package. This model will sell for $70,800.

All versions of the 2022 XC40 Recharge are available in Canadian Volvo dealerships, or they will be very soon.

 

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