Volvo XC40 EV will arrive later this year before going on sale in 2020 after the launch of the Polestar 2
By the middle of 2025, Volvo aims at making half of its total global volume sales come from electric vehicles and it is a bold strategy. To tap bigger sales, Volvo has been entering entry-level luxury segments in recent years and the XC40 has paid off immensely with its supple characteristics.
Using the popularity of the XC40, Volvo appears to have devised new plans and it will spearhead the EV charge according to a report emerged on international media. The fully electrified version of the XC40 will arrive before the end of this year and it could focus on making an impact in the developed market first.
The Swedish brand will endure a busy schedule next year as it has revealed that the Tesla Model 3 competing Polestar 2 that debuted at Geneva Motor Show and a yet-unspecified EV from its stable will go on sale. Both the zero-emission vehicles will share similar underpinnings as they are based on the modular CMA architecture.
The XC40 has been the second best-seller for Volvo globally and it was launched in India in July 2018. Offered in Momentum, R-Design and Inscription trims, the XC40 is priced between Rs. 39.90 lakh and Rs. 43.90 lakh (ex-showroom) and it played a significant role in the brand attaining 30 per cent YoY growth last year.
The 2018 European Car of the Year was announced last month to get two plug-in hybrid variants: a T5 Twin Engine and a T4 Twin Engine. The former will enter production at the brand’s Ghent factory in Belgium and it uses a 1.5-litre three-cylinder petrol engine paired with an electric motor and the 9.7 kWh Li-ion battery combines to produce as much as 262 hp.
With 425 Nm of peak torque, the hybrid system is mated to a seven-speed automatic transmission that helps in achieving zero to 100 kmph in 7.3 seconds before topping out 205 kmph. The battery unit alone will cover 54 km when sufficiently charged. The electrified version of the XC40 could reach India within a year following its overseas debut.