Volvo has
revealed more details about the electric car it plans to launch in 2019.
Volvo told
Automotive News that the vehicle will have a 250-mile range and a starting
price between $35,000 and $40,000.
The news
highlights how automakers are looking to compete with the likes of General
Motors by producing long-range, mass market electric vehicles.
GM's Chevy
Bolt has a 238-mile range and starts at $36,620. Tesla is also planning to
begin shipping its $35,000 Model 3 sedan with an expected range of 215 miles at
the end of this year.
Volvo has
yet to announce what kind of electric vehicle it will release in 2019. The
German automaker began wading into the electric vehicle space when it released
a plug-in hybrid version of its XC90 SUV in August 2015. And by 2025, the
company aims to have one million electrified vehicles on the road.
(Business
Insider)
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