Volvo is planning a new fully electric XC40 variant which will debut before the end of the year.
The news comes from Automotive News Europe who spoke with Volvo last year. The new Volvo XC40 electric model will join two plug-in hybrid versions which are also planned.
Volvo didn’t provide any more details to Automotive News, so we don’t know about the upcoming Volvo XC40 EV’s range or electric motor. What we do know is that the electric Volvo XC40 will have plenty of competition in the next few years.
Volvo currently offers a plug-in version of its XC90 flagship SUV and developed an electric Volvo C30 years ago, but an electric Volvo XC40 would be the first all-electric Volvo product in its current lineup.
Although this is pure speculation, the Volvo XC40 EV could in theory use the recent Polestar 2’s setup. The later uses a 78-kWh battery pack powering two electric motors that powers the Polestar 2 to 100 km/h in just over 5.0 seconds. Range is set at 275 miles.
Those specs were certainly make sense in an electric Volvo XC40, but they may make the new XC40 EV too expensive. We’re thinking Volvo will want to keep it at less than $60,000. The Polestar 2 will likely start at over $75,000 here in Canada.
More details about the upcoming Volvo XC40 EV are sure to follow.
Source: Automotive News Europe