Volvo Car Australia is responding to the surging demand for its electric cars in Australia by launching a new single engine variant of its popular XC40 Recharge Pure Electric compact luxury SUV.
The new variant of the XC40 Recharge Pure Electric comes with a single electric motor on the front axle, and represents a balanced take on power, performance, and efficiency.
The single powertrain delivers a smooth, linear power output across the speed range, making it supremely smooth and refined to drive just like its twin-motor sibling. At the same time the XC40 Recharge Pure Electric (MY23) vehicles will have a new front bumper, frameless grille plate, new headlamp surrounding finishes as well as new rear bumper inserts.
The introduction of the XC40 Recharge Pure Electric single motor is hot on the heels of the strong ongoing demand for the XC40 Recharge Pure Electric which was launched in August.
"Demand for XC40 Recharge Pure Electric is unprecedented as Australians embrace electric cars in increasing numbers. Our forward order book has never been stronger," said Volvo Car Australia Managing Director, Stephen Connor.
"The introduction of the single motor variant in 2022 will enable us to respond to this extraordinary demand with even a more affordable Pure Electric option."
"Via this introduction we have delivered a fantastic offering without compromising on our core values and safety."
"We have secured a minimum of 20% production growth for 2022 and we will continue to push for even more production to meet the demand of the brand."
"If our factories can keep up, then our volumes will hit 15,000 units in the near future" Connor added.
The XC40 Recharge Pure Electric is Volvo's first all-electric vehicle and reinforces the Swedish company's commitment to electrifying its entire car range by 2025 with full electric, plug-in hybrid and mild hybrid variants on its journey to being an all-electric company by 2030.
In Australia the single motor variant of the Volvo XC40 Recharge Pure Electric will be available in one luxury specification at $72,990 MRRP.
Key features and specification for the single motor variant Volvo XC40 Recharge Pure Electric:
- Single Electric Motor on the front axle
- Total power 170kW
- Total torque 330Nm
- Speed limit 180Km/h (limited)
- 69kWh Standard range battery for the expected WLTP range around 380kms
- 19" 5-Double Spoke Black Diamond-cut Alloy wheel
- 'Thor's Hammer' LED headlights
- Park Assist Camera
- Panoramic Sunroof
- Heated Front & Rear Seats and heated steering wheel
- Keyless Entry
- Digital Services including Google Services
- Next Generation Infotainment System including 4 year data subscription
- Wireless Inductive Charging for Smartphone
- Solid and Metallic exclusive exterior colours
- Five-year unlimited kilometre warranty
- Three-year 100,000-kilometre service wear and tear plan which includes wiper blades, brake pads and brake discs
In addition to the new front bumper, frameless grille plate, new headlamp surrounding finishes and new rear bumper inserts the twin motor XC40 Recharge Pure Electric (MY23) vehicles will gain class leading Pixel headlight technology as well sustainable upholstery and new wheels with a new price of $79,990 MRRP.
Ends
Volvo Car Group in 2020
For the 2020 financial year, Volvo Car Group recorded an operating profit of 8.5 BSEK (14.3 BSEK in 2019). Revenue over the period amounted to 262.8 BSEK (274.1 BSEK). For the full year of 2020, global sales reached 661,713 cars (705,452), a decline of 6.2 per cent compared to 2019.
About Volvo Car Group
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales of 661,713 cars in 2020 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010.
As of December 2020, Volvo Cars employed approximately 40,000 (41,500) full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for APAC is located in Shanghai. The company's main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).
Under its new company purpose, Volvo Cars aims to provide customers with the Freedom to Move in a personal, sustainable and safe way. This purpose is reflected into a number of business ambitions: for example, by the middle of this decade it aims for half of its global sales to be fully electric cars and to establish five million direct consumer relationships. Volvo Cars is also committed to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040