Monday, March 13, 2017

Volvo USA CEO Says Automaker’s First EV Will Have 250-Plus Miles Electric Range, Price Of $40,000 Or Less

Volvo USA CEO Says Automaker's First EV Will Have 250-Plus Miles Electric Range, Price Of $40,000 Or Less

6 hours ago by Mark Kane

Volvo Cars' vision of an electric future

Volvo would like to introduce its first all-electric, series produced, electric car in 2019.

Volvo Concept 40.2 profile

However, the Swedish brand is also setting the bar high for its first EVs abilities, while maintaining relatively affordable price:

  • at least 250 miles (400 km)
  • price between $35,000 and $40,000
  • Lex Kerssemakers, CEO of Volvo Car USA said:

    "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."

    "Why are people reluctant to buy a full electric car? It's between the ears. It's that they believe there's not sufficient range."

    Still, we still don't know whether Volvo will launch an all-new BEV model, or will offer all-electric version of existing model.

    That said, if it comes in under $40k for 250 miles of real-world (EPA) miles we will be impressed regardless the platform.

    source: Automotive News

    Tags: volvo

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    Source: Volvo USA CEO Says Automaker's First EV Will Have 250-Plus Miles Electric Range, Price Of $40,000 Or Less

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