Electric cars are becoming more and more popular among consumers. That’s why all the major automakers plan on entering the EV market if they haven’t done so already. One of these companies is Volvo, which shared a few interesting details regarding its first electric car with journalists at the Geneva Motor Show.
Lex Kerssemakers, who is the CEO of Volvo Car USA, said that the company’s first electric vehicle will be available in 2019. He didn’t reveal much about it but did mention two things that are important to consumers: price and range.
Volvo’s electric car won’t cost an arm and a leg, as it will set you back between $35,000 and $40,000. This means it will go head to head with other vehicles in the same price range like the Tesla Model 3.
Kerssemakers also stressed the importance of range. He believes that this is one of the most important factors of an electric vehicle and that consumers won’t buy one if it doesn’t have “sufficient” range. Sufficient probably means at least 250 miles, which will be the range of Volvo’s upcoming EV.
He definitely has a good point. Range is very important and does influence the consumers’ purchasing decisions. But obviously, it’s not the only thing that matters. Price plays an important role too as well as the design of the car.