The XC40 will be the first battery-driven model and the second full-electric vehicle from the Volvo Car Group. The first was the Polestar 2, which the group’s electrified performance brand debuted in February and revealed to the public at the Geneva auto show this month. Both full-electric vehicles will be on the road by 2020.
READ ALSO: Global Kia Sportage sales hit five million
Last month Volvo said the XC40 would also get two plug-in hybrid powertrain options, starting with a T5 Twin Engine variant and followed by the T4 Twin Engine.
Volvo CEO, Hakan Samuelsson said he expects plug-in hybrids to account for up to 25 percent of global sales in the model lines that offer them. Currently about 10 percent to 15 percent of Volvo’s global sales come from plug-in hybrids. The powertrain is offered in the XC90 and XC60 SUVs, V90 and V60 station wagons and the S90 and S60 sedans.