Report: Volvo's First EV Coming in 2022 for Less Than $40K
Step aside, Tesla and Chevrolet. Volvo's first-e'er electric motorcar, expected to make its debut in 2022, will have a range of at to the lowest degree 250 miles and be priced between $35,000 and $40,000, the company's U.s. CEO Lex Kerssemakers told reporters at the Geneva auto show, according to Automotive News.
That would put the vehicle on par with Tesla'southward Model 3 and the 2022 Chevy Bolt EV. The Tesla Model 3 starts at $35,000 and can drive at least 215 miles on a single accuse while the Commodities comes with a $37,495 price tag and an EPA-estimated range of 238 miles.
"That's what I put in equally the prerequisite for the The states," Kerssemakers said of the expected price and range, co-ordinate to the report. "If I want to make a point in the U.s., if I want to make volumes, that's what I believe I need."
At this indicate, other details virtually the vehicle are nonetheless up in the air. Volvo still, for case, hasn't withal decided if it wants to electrify an existing model or make something completely new. That'due south something Volvo plans to decide in the coming months. As Automotive News points out, that doesn't exit the company with much time to develop the car and bring it to marketplace by 2022, though Kerssemakers was reportedly confident Volvo can practice it.
One thing is for sure: Volvo is going for long range.
"Why are people reluctant to purchase a full electric auto?" Kerssemakers reportedly said. "Information technology's between the ears. It'southward that they believe there'due south not sufficient range."
Almost Angela Moscaritolo
Source: https://sea.pcmag.com/consumer-electronics-reviews-ratings-comparisons/14523/report-volvos-first-ev-coming-in-2019-for-less-than-40k
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