Though its debut will lag that of Chevrolet’s Bolt and the Tesla Model 3, Volvo’s first entry into the world of all-electric vehicles looks to be right on par with the current generation’s maximum range and requisite financial investment. Starting between $35,000 and $40,000 when it debuts in 2019, the Swedish EV should be capable of at least 250 miles between charges.
Away from the main stage of the Geneva International Motor Show, CEO of Volvo America Lex Kerssemakers indicated to journalists that the standards set by the Bolt would be the benchmark. “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.” (Read More…)