Volvo is set to have its first electric car. The Volvo EV has been rumored to come out in 2019. The Volvo EV is also projected to have 250 miles of range.
Electric cars are the new trend in the automotive industry, and many manufacturers are making them. One of them is Volvo. It will have a price from between $35,000 to $40,000, as said by Volvo CEO Lex Kerssemakers.
As of now, there is still few information about the coming Volvo EV. The company has yet to decide what would be the model name for it, if it would be part of an existing line or a standalone vehicle. It would be a challenge for Volvo to have the EV out in two years' time, and this challenge has been acknowledged by Kerssemakers.
He does admit that an electric vehicle's range is important for many consumers. He has said that people are hesitant in buying electric vehicles because they don't have enough range yet. The electric vehicle from Volvo will be almost similar to the Chevy Bolt both in prices and range distance.
The Volvo EV will likely use the CMA platform, according to Motor Trend. This platform would be used with electric vehicles in mind. It would also be used for Volvo's XC40 which will be coming out in 2018.
The platform that would be used would also be a compact one, as compared to the others that Volvo uses, as Automotive News reports. Volvo has the larger SPA platform which being used by the 90 series sedans and wagons. The SPA platform is also being used by the Volvo XC90.
Volvo's first electric car would be a test for it if it can compete in the electric vehicles category. A number of manufacturers are also joining in, or have already joined it. It would be a crowded market as the Volvo EV is projected to have a 250 miles range. New concept cars are also coming that could revolutionize the industry.
