There was a time when practically any automaker could earn a few brownie points by proclaiming that they too would be transitioning toward becoming an electric-only manufacturer by [insert year here]. But times have changed and EVs have been around long enough for consumers to expect more than a promise that there would someday be more of them. There’s also a sense that regulations (stemming largely from Europe and China) are forcing the issue to a point where practically all automakers will eventually have to totally seize electrification or be forced to hand over vast amounts of money to governments or their chief rivals as a way to “offset” carbon emissions — making corporate promises far less impressive than they otherwise could have been.
Volvo, which was at the forefront of novel combustion powertrain solutions a few years ago, has since committed itself toward wholly embracing electrification under the tutelage of Geely Automotive. The Swedish-Chinese brand has made repeated announcements suggesting just how important EVs are for its future. On Tuesday, the company announced that it had officially committed itself to going fully electric by 2030 and showcased a new model while also vowing to make future sales online only.
Making good on its promise that the future will be electric, Volvo has readied the XC40 Recharge P8 compact crossover for a spring debut. Though it doesn’t seem to have secured an idyllic price tag. The electrified XC40 starts at $54,985, including a $995 destination fee, which makes it around $20,000 dearer than the gasoline model. That’s a lot of dough for such a small vehicle, even after federal (and potentially state) tax incentives shave a few thousand off the top. Surely customers will be getting a top-shelf automobile on par with the Tesla Model 3 Performance, if not better, to help that MSRP make some sense. But the math just isn’t working out in Volvo’s favor based on the specs given. Model 3 destroys it in every metric that isn’t headroom because it is not a crossover.
While the XC40 Recharge comes in below its larger European counterparts on price, and often by a fairly narrow margin, its maximum range is an EPA-estimated 208 miles. That places it within striking distance of the bigger electrics manufactured by Audi or Jaguar. But Tesla will happily sell customers a Model Y boasting 326 miles of range for about $10,000 less than the XC40. The only downside is that the American brand’s sales success has already exhausted its allotted federal tax credits, meaning you’ll get more money from the government if you buy something Swedish-Chinese.
Volvo Cars’ new electric crossover has a name, and it just happens to be something people hate doing. The XC40 is the brand’s new EV, crafted out of the compact XC40 crossover and helped in its mission by the model’s versatile modular platform. To make it work, Volvo first carried out some alterations. See details here.
“Recharge” isn’t just the name applied to the brand’s new EV — it’s a new sub-brand under which all upcoming EVs and plug-in hybrids will reside. An invitation to confusion or buried psychological disdain? Possibly.
Volvo, the brand TTAC commenters can’t get enough of (when they’re not talking Infiniti), will soon enter a fledgling segment no automaker seems capable of steering clear of: electric vehicles.
The new model, due for an October unveiling, won’t be an unfamiliar, futuristic blob that leaves viewers feeling cold and scared. Like many of its rivals, Volvo has opted to fully electrify an existing model. And what model has a longer-term viability than a compact crossover?
Lynk & Co, the Geely-owned sister brand to Volvo, is rounding out its product lineup with the announcement of a new sport utility vehicle. For clarification, it’s not really an SUV, as Lynk only builds car-based crossovers — and it’s also not entirely new, because it appears to be a squished-down version of the existing 01, itself based on the Volvo XC40. But this recipe may still have produced something novel for the fledgling automaker.
Based on claims from the manufacturer, what we have here is a shortened, lowered, and girthed-up sporting version of its existing crossover. Called the “02,” it’s an even more wagon-like CUV (that stops short of being a full-blown car). This makes sense, as the brand is already planning an “03” sedan. Spy shots of the sedan prototype reveals it more or less resembles an 01 “SUV” with a lowered ride height and different roof.
In fact, all of these vehicles look so similar that it almost feels like Lynk & Co is trying to pull a fast one on us. However, a critical eye reveals subtle styling cues that differentiate the models, even if it’s only slightly.
When the majority of the buying public thinks of Volvo, three things generally come to mind: safety, boxy wagons, and professors in tweed sport coats with those weird elbow patches. This is understandable, given that the company made hay selling safe and boxy wagons to professors in tweed sport coats with weird elbow patches.
Volvo has long since de-weirded itself but still marches to a slightly different Swedish beat. It’s currently under the stewardship of a Chinese company that gives the brand enough leash to generally do its own thing. Starting at $35,200, the automaker’s least-expensive car, the XC40, should help bring new buyers to the brand. Let’s see how it stacks up in base form.
Fresh-faced automotive brand Lynk & CO began selling its first vehicle in China about two months ago. But it has bigger aspirations than procuring a place in Asia’s largest market — it wants to achieve global domination through westerly expansion and is now preparing to take its first steps.
While the goal seems unrealistic for a fledgeling automaker producing only one model, the brand has friends in high places. Volvo Cars, which is also owned by Geely Automotive, may be tapped to assist Lynk in Europe by offering its factory in Belgium and opening up its servicing infrastructure. If so, that would set a precedent for a Volvo-based support network that could eventually extend to North America.
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.”
Automotive News Europe reported that Volvo will offer a new compact crossover, based on a new architecture, in 2018 that will likely be called the XC40.
The crossover will be built in Ghent, Belgium and possibly in China, using the same platform being developed for compact cars in Europe.
The crossover will get Volvo power plants that include a hybrid variant. It would also likely get some sort of semi-autonomous driving feature as the Swedish automaker further develops its technology.
Volvo will bring its smaller, compact-sized V40 wagon, its related crossover and long-wheelbase, Chinese-built S60 sedan to America, Autoblog is reporting.
The newest generation of the Volkswagen Golf-sized V40 wagon is being built with the U.S. in mind, Volvo senior vice president Alan Visser told media in the Netherlands. The earliest it could reach the United States would be 2017.
Visser also said the XC40, a compact crossover based on the V40 Cross Country, would make its way to the States shortly after the V40.
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- Bloke Wow, this should make a big difference, to those catalytic converter thieves who don't have tools like 'angle grinders' with them.
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