Volvo Electric Car to Be Priced against Tesla type 3 as well as Chevrolet Bolt EV
Volvo’s electric car, expected in 2019, could prove a formidable rival to the Tesla type 3 as well as the Chevrolet Bolt EV as well as top-trim versions of the next-generation Nissan Leaf as well as several additional longer-range EVs of which are due out around of which time. of which’s because Volvo Car USA CEO Lex Kerssemakers recently revealed one eye-opening target for the project: a base cost between $35,000 as well as $40,000.
Like the type 3 as well as the Bolt, Volvo’s as yet unnamed electric type is actually likely to offer a range of 250 miles or more. Although there are a few automakers of which think electric cars don’t need to go for maximum range—Honda, for instance—the consensus within the industry is actually of which range sells.
Premium badges add appeal, too, as well as Volvo’s plan illustrates the different ways in which luxury brands plan to jump into the EV market. The Jaguar I-Pace, for instance, is actually likely to play in Tesla type X territory, which has a starting cost well over $60,000. At $40,000, Volvo, on the additional hand, would certainly be offering a premium-badged electric vehicle for roughly the same cost as some mainstream-brand products.
Volvo’s lowest-priced U.S. type at present is actually the S60 sedan, at $34,945, although the fresh EV plus the return of the smaller 40-series vehicles, anticipated to start arriving late next year, will give the automaker a smorgasbord of entries inside the $30,000-to-$40,000 range.
The EV is actually likely to share some elements with Volvo’s Compact Modular Architecture (CMA) platform, which will underpin its 40-series compact vehicles, yet the item will use its own set of modular electrification underpinnings. Last May, Volvo showed two electric-vehicle design concepts: the 40.1 crossover as well as the 40.2 sedan, previewing the design direction for the XC40 as well as the S40, respectively. At of which time, Volvo said of which there will be an electric vehicle based on the S40 or a unique vehicle derived coming from the item.
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In 2019, at around the same time the EV reaches the market, Volvo is actually also likely to introduce more hybrids to the product mix—including front-wheel-drive hybrid versions of its 40-series vehicles featuring an electric motor integrated which has a dual-clutch automatic gearbox. Currently, the only Volvo hybrids—plug-in hybrids, actually—are the top all-wheel-drive T8 versions of the XC90, which has a hybrid S90 coming soon.