“More electric SUVs!” they all cried. Behold the XC40 Recharge, Volvo responded. This electric version of Volvo’s popular XC40 small SUV will be the first of a family of fully electric Volvos to be built on a dedicated modular platform.

Recharge will be the new brand name for all plug-in Volvos. Over the next five years, the Swedes plan to launch a new fully electric model every year, eventually offering a Recharge variant of every model in the Volvo stable.

The XC40 Recharge has an AWD powertrain with a 150 kW motor on each axle (total power output 408 hp); a 78 kWh battery pack that delivers a range of “over 250 miles” (on the WLTP testing cycle); an 11 kW onboard charger and standard 150 kW DC fast charging. She’ll do 0 to 60 in 4.7 seconds on the way to a top speed of 112 mph.

The new ESUV will feature over-the-air software updates and an Android-powered infotainment system that’s integrated with the Volvo On Call digital connected services platform.

Volvo is expecting plenty of demand for its Recharge models, and plans to triple its production capacity for electrified vehicles. The company expects pure EVs to represent 50 percent of global sales by 2025.

“We have said this several times before: for Volvo Cars, the future is electric,” said Chief Executive Håkan Samuelsson. “Today we take a major new step in that direction with the launch of our fully electric XC40 and the Recharge car line.”

Volvo hasn’t offered any information about pricing or availability. Electrek speculates that prices will start around $60,000.

Source: Volvo