Volvo reports high demand for XC40 electric crossover

Volvo reports high demand for XC40 electric crossover

January 23, 2020 0 By autotimesnews

Volvo Cars has now officially opened order books for the XC40 Recharge P8 AWD.

Volvo’s first all-electric car is now available for order. The press service of the brand reports that tens of thousands of consumers have shown a keen interest in the all-electric XC40, and the company has already received several thousand orders even before the official start of sales.

Production and supply of the first customer XC40 Recharge P8 is scheduled to begin later this year. Note that the Swedish company aims to ensure that by 2025 the volume of sales of electric vehicles is 50% of global sales, and the rest – hybrids.

In 2019, Volvo Cars sold nearly 46,000 hybrid cars, which is 23% more than in 2018, and more than double its sales in 2017. During the fourth quarter of 2019, plug-in hybrids accounted for more than 20% of brand sales in Europe. The company also sees high sales growth through an online customer service.

The Volvo XC40 Recharge P8 is the first of the company’s all-electric vehicle family. This is a milestone for Volvo Cars, as the company’s first all-electric vehicle and Volvo’s first all-new infotainment system powered by the Google Android operating system.

The XC40 SUV was the first company car to receive the prestigious European Car of the Year Award. The model is based on the compact modular architecture (CMA), an advanced platform for cars, developed in conjunction with the Geely Group.