Volvo's first all-electric vehicle is expected with a range of at least 250 miles (400km), and prices could start between $35,000 and $40,000 (Rs 23 lakh to 26 lakh) when it debuts in 2019.
According to Volvo USA CEO Lex Kerssemakers said, "That's what I put in as the prerequisite for the United States," Kerssemakers said. "If I want to make a point in the United States, if I want to make volumes, that's what I believe I need."
Those numbers would put the Volvo EV in the region of the Chevrolet Bolt EV, which has 238 miles (383km) of range and a starting price of $37,495 (Rs 25 lakh), and the anticipated Tesla Model 3. Tesla guarantees a starting price of $35,000 (Rs 23 lakh) for its Model S model and production is expected as early as July 2017.
Volvo has still not revealed what form the electric vehicle will take, though a prior report hinted it could be a crossover.
That still leaves us thinking about the size of the vehicle and what platform it will be based.
If Volvo is developing a larger electric vehicle, it could use the SPA platform that the XC90, the new XC60, and the 90 Series sedan and wagon are based, but, if the vehicle is smaller, then the CMA platform considered for the XC40 compact crossover due in early 2018 could be the basis. Given the economical price point, the CMA platform could be more suitable.
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MOST VIEWED CAR PHOTO GALLERY
While we wait for Volvo's first electric car, they have launched the 2017 Volvo V90, below is an extensive photo gallery, click to view.