Sweden – Chinese owned car manufacturer has launched its first electric car under a new EV-focused brand that kicks off a company-wide shift toward electrification.
The car known as the Volvo XC40 Recharge is a demonstration of Volvo’s commitment towards becoming climate neutral by 2040.
Volvo announced that it had a plan of reducing its total carbon print by 40% by 2025 even as it bids to become fully climate neutral by 2040.
The company aims to reach the 2025 targets through a string of measures, including generating 50% of global sales from fully electric cars and having a 25% share of recycled plastics in new vehicles by that time, both of which have been previously announced.
It is also aiming for a 25% cut in carbon dioxide emissions related to its global supply chain and its overall operations, including manufacturing and logistics, by 2025.
“At Volvo Cars we will address what we control, which is both our operations and the tailpipe emissions of our cars,” Chief Executive Hakan Samuelsson said in a statement.
Samuelsson further noted that Volvo was going to call on its suppliers and the energy sector to join them in aiming for a climate neutral future.
The Volvo XC40 Recharge is also the first Volvo to have an infotainment system powered by Google’s Android operating system as well as have the ability to make over-the-air software updates.
It is the Herald of Volvo’s Recharge brand, which will feature all future chargeable Volvos with a fully electric and plug-in hybrid powertrain, according to the company.
The XC40 Recharge is equipped with an all-wheel drive powertrain and a 78-kilowatt-hour battery that can travel more than 400 kilometers (248 miles) on a single charge.
The vehicle’s electric motor produces the equivalent of 408 horsepower and 442 pound-feet of torque that allows the vehicle to go from zero to 60 mph in 4.8 seconds.
The battery charges to 80% of its capacity in 40 minutes on a fast-charger system.
Its features put the the Volvo XC40 Recharge below the Tesla Model 3, Chevy Bolt EV, Kia Niro and Hyundai Kona.