The company’s first standalone electric car will hit markets in 2019. The battery-electric hatchback will be a production version of the 40.2 concept. Volvo head Håkan Samuelsson said that the standalone battery-electric model would arrive before any electric variants of existing models.
Volvo’s R&D boss, Henrik Green, stated that the company was targeting a 499km range for the car. The company announced plans last year to electrify its model line-up from 2019 onwards.
It said that it would begin overhauling its range with electric, hybrid and mild-hybrid powertrains. The Swedish manufacturer will launch its XC40 in India by mid-2018.