While the new and independent performance brand Polestar was the first to roll out electric cars in the Volvo Group, the XC40 Recharge is the first model to wear the iron mark. The new concept is aimed at dramatically cutting the company's carbon emissions.
Also included with the XC40 Recharge is one free year of electricity, which Volvo said will be offered through a refund of the average electricity costs during that timeframe.
This vehicle is based off Volvo's traditional XC40 SUV, and has been equipped with a battery that can travel over 400km on a single charge. As one of the few electric cars on mixed platforms with combustion engines, the XC40 Recharge will have a "frunk" under the front bonnet - for the charging cable, however, the storage compartment seems only practical to a limited extent, because the charging socket is not located at the front, but instead replaces the tank nozzle above the left rear wheel.
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At the XC40 Recharge unveiling event, Volvo CEO Hakan Samuelsson said that climate change is "a real threat to our future", and that the commercial sector has a role to play in dealing with the problem.
The 2020 XC40 Recharge - based on the popular XC40 small SUV - will offer acceleration from 0-100km/hr in just under 5 seconds and power output of 300kW from its motors and 660Nm torque. The Recharge can wander for up to 249 miles (400 km, WLTP) on a charge, after which the owner can expect to spend about 40 minutes fast-charging the 78-kWh battery to 80 percent.
The interior features Volvo's new, Google-powered infotainment system.
The redesigned front fascia also houses the sensor set for the Advanced Driver Assistance Systems, a new Zenuity software-controlled suite that makes its debut on the Recharge. Volvo Cars aims for plug-in hybrid cars to make up 20 percent of total sales in 2020.
In addition to slashing tailpipe emissions with an energized focus on plug-in powertrains, Volvo's near-term plans include cutting 25 percent of emissions related to its global supply chain, increasing the use of recycled plastics, and reducing 25 percent of emissions related to overall operations like manufacturing and logistics.