Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric1/2/2018 1:57:56 PM
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Volvo To Offer All-Electric Versions Of The V40 & XC40

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  • January 1st, 2018 by James Ayre

    Volvo Cars will launch all-electric versions of the V40 hatchback and the XC40 crossover within just the next few years, company execs have revealed.

    The new all-electric version of the Volvo V40 hatchback will be revealed within the next year. As regards the all-electric version of the XC40, that is now expected to be launched sometime before 2020.

    Something else worth noting here is that Volvo is apparently planning to rollout the new internal combustion engine (ICE) V40 hatchback (on the company’s new compact platform), before following that with the release of the all-electric version.

    As quoted by Auto Express, Volvo’s head of research and development, Henrik Green, stated: “For each electric car, we will typically have at least two different battery sizes on offer. … The base variant will be more cost-efficient, but with a slightly limited range, and then there will be a bigger option with a higher price, but more range and more power.”

    Green Car Reports provides more: “According to AutoExpress, the V40 will arrive in a variety of flavors powered by diesel, gasoline, and electricity — in both plug-in hybrid and fully electric guises. Additionally, Volvo will likely make the V40 EV available in two different battery capacities.

    “… A trio of concept cars unveiled in May 2016 previewed future compact Volvo models; the forthcoming Volvo V40 compact hatchback is expected to resemble the Volvo 40.2 hatchback concept. The CMA platform has been engineered from the start with electrification in mind to support Volvo’s plan of offering electrified versions of every new vehicle it launches starting in 2019.”

    Overall, pretty interesting news. Though, it’s still fairly hard to tell how serious Volvo Cars actually is about electric vehicle sales outside of China. Perhaps we’ll get a better idea over the next year or two. In the meantime, check out this story if you missed it: Volvo Electrifying All Models By 2019.
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