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volvo electric car xc40 price

(adsbygoogle = window.adsbygoogle || []).push({}); The XC40 Recharge is the first Volvo-branded all-electric vehicle. Volvo's first all-electric model, the XC40 Recharge, will go on sale in the U.S. with starting price of $54,985 before available incentives. Volvo has priced its new electric vehicle (EV), the 2021 XC40 Recharge. The EPA says it can travel 208 miles on a full battery, which is less than primary competitors. Volvo has priced its new electric vehicle (EV), the 2021 XC40 Recharge. Based on the award-winning, compact-luxury XC40 SUV, the Recharge is Volvo… However, the electric version does come with some standard options that come at a price on the gasoline-powered version – bringing the prices a bit closer when accounting for those. Equipped with popular options, the price of a 2021 Volvo XC40 Recharge remains under $60,000. It was accurate on October 21, 2020, but it may have changed since that date. 2019 Vehicle Dependability: Most Dependable Family Cars, 2021 Volvo XC40 Recharge Price Puts Luxury Electric SUV in Sweet Spot. When you have virtually the same or similar vehicle with only different powertrains, one electric and the other a combustion engine, and a difference of $20,000 between the two, you are counting on a dealership to effectively explain the benefits of the electric version justifying the discrepancy in the price tag. People who buy a Volvo XC40 Recharge are eligible for a federal income tax rebate of up to $7,500. Now it has officially released the price and the Volvo XC40 Recharge starts at a MSRP of $53,990 before destination fees: After incentives, the price is going to fall under $50,000 in the US and even closer to $45,000 in some states, like in California, due to state incentives. Through Zalkon.com, you can check out Fred’s portfolio and get monthly green stock investment ideas. The 402-hp 2021 Volvo XC40 Recharge Pure Electric P8 is one of the most significant cars the Swedish brand has launched, right up there with the P144 Amazon, the 760, and the S80. This highlights a problem that I’ve often warned legacy automakers about when it comes to making electric versions of existing gasoline-powered models. It will be interesting to see how it plays out for the XC40 Recharge and to see if Volvo can get past that. While I’d argue that it’s a much better idea to buy the electric version long term due to savings in the overall cost of ownership related to fuel costs and eventually resale value, it is a harder sale to make to customers. It went into production earlier this month with some interesting features: Volvo also confirmed the following specs for the XC40 Recharge: When starting production, the Swedish automaker had yet to confirm the price in the US other than saying it will start under $55,000. That’s a big bet to make on your dealerships. Volvo is the source of information in this article. Also, some states offer rebates for EVs, such as California. Fred is the Editor in Chief and Main Writer at Electrek. The Swedish car manufacturer is set to release its first pure electric vehicle, the XC40 Recharge P8 next year. Volvo has now confirmed the price of the XC40 Recharge, the electric version of Volvo’s best-selling small SUV, and it shows the problem with automakers launching electric versions of existing cars. This pricing puts the XC40 … When the SUV arrives later this year, it will carry a base price of $53,990, plus a destination charge of $995. With operations in 18 countries, ChargePoint provides access to 115,000 charging locations. Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. A refreshed 2022 Hyundai Kona is on the way, equipped with revised styling and available in a performance-tuned N Line version that is certain to turn the little crossover SUV’s fun factor up to 11. This pricing puts the XC40 a few thousand dollars higher than a Ford Mustang Mach-E Premium ($49,700 with optional all-wheel drive) and a Tesla Model Y ($49,990). Introduced at the 2019 New York International Auto Show, the 2020 Subaru Outback has been optimized to offer better fuel efficiency, a quieter and safer ride, boosted technology, and turbocharged power, which is something Subaru hasn’t given its Outback in over ten years. The XC40 Recharge is equipped with standard AWD and makes 402 horsepower. Thanks to its 486 lb.-ft. of instant electric motor torque, it accelerates to 60 mph in 4.7 seconds, according to Volvo. Recent rule changes limit the Golden State’s EV rebate to $2,000, and vehicles must cost less than $60,000. Through this partnership, XC40 Recharge buyers can easily purchase a ChargePoint Home Flex home charging station ($699) and arrange for installation, further simplifying EV adoption. Some will do it, but if the dealers have both versions on their lots, and most likely they have more of, or only the gasoline-powered version, they will be more tempted to push the gasoline-powered version. Understanding that range anxiety is a barrier to EV purchases, Volvo has partnered with EV charging network ChargePoint to alleviate such concerns. FTC: We use income earning auto affiliate links. When the SUV arrives later this year, it will carry a base price of $53,990, plus a destination charge of $995. Power 2020 Initial Quality Study (IQS). You can send tips on Twitter (DMs open) or via email: fred@9to5mac.com. It has peer-to-peer roaming agreements with multiple charging station providers, meaning that with a single payment account, an XC40 Recharge owner can use Electrify America, EVgo, and other chargers without added complication. It also prices the Volvo lower than other luxury EV SUVs such as the Jaguar I-Pace ($69,850) and the Polestar 2 ($59,900). GM unveils Hummer EV: 350-mile electric supertruck, Tesla starts Full Self-Driving Beta rollout, Volvo XC40 Electric starts $20K more than gas version, Tesla prototype in camouflage seen at LA design studio, You’re reading Electrek— experts who break news about, Get interesting investment ideas by Fred Lambert, ChargePoint Home WiFi Enabled Electric Vehicle (EV) Charger, Electric Vehicle Price Guide – best prices for dealers in the US, Volvo XC40 Electric starts $20,000 more expensive than gasoline-powered version, Subscribe to Electrek on YouTube for exclusive videos, A 78 kWh battery pack for a range of “over 250 miles (400 km)” based on WLTP, Dual Motor 300 kW powertrain (a 150 kW electric motor on each axle), 11 kW onboard charger and 150 kW DC fast-charging capability. More. Owners must also meet specific personal income caps. Volvo has now confirmed the price of the XC40 Recharge, the electric version of Volvo’s best-selling small SUV, and it shows the problem with automakers launching electric versions of existing cars. A redesigned 2022 Hyundai Tucson is coming soon, replacing a compact SUV that led its segment in quality according to the J.D. Volvo doesn’t offer an extended-range battery option, either. You create an unnecessary higher level of difficulty selling your electric vehicles. It should make the small SUV competitive with other electric vehicles in its segment, but the base price is about $20,000 higher than the price of the gasoline-powered version of the Volvo XC40.

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