First Volvo Electric Car Will Run $35,000–40,000, Says Volvo Exec

Volvo’s head of operations in the US, Lex Kerssemakers, has revealed that the firm’s first all-electric model will be priced between $35,000 and $40,000. He also stated that the model will possess at least 250 miles of range — given that the comment is from the firm’s US head of operations, that figure presumably refers to the US EPA range rating.

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