Volvo wants to release an electric car with a range of 400 km in 2019

Volvo’s first fully electrically powered car will have a range of 400 km. That is what the CEO of the American branch of Volvo told journalists. In the US, the car, which should be released in 2019, will have a starting price between 35,000 and 45,000 dollars.

According to AutoNews, Volvo CEO Lex Kerssemakers made the statements at the Geneva Motor Show. According to the CEO, such a range and price is a precondition for being successful in the US with electric cars. With a range of 400km and a price below $40,000, Volvo can compete with the Chevy Bolt EV, which will be released in Europe as the Opel Ampera-e, and Tesla’s Model 3.

Concrete details about Volvo’s fully electric car are not yet available. The manufacturer confirmed earlier this year that the first model will be released in 2019 and that batteries up to 100 kWh will be used. The automaker’s goal is to have one million electric cars delivered worldwide by 2025.

In May last year, Volvo showed two concepts of models in the 40-series, an SUV and a sedan. The first production model may be based on one of these concepts.

Volvo Concept 40.1