Volvo’s commitment to more eco-conscious vehicles has led to the automaker’s announcement of its latest masterpiece.

Recently, the all-new EV (Electric Vehicle) was unveiled and is set to take on other hybrid options such as the Tesla Model 3 and Chevrolet Bolt.

The automaker strives to make an affordable electric vehicle for drivers that has more performance, capabilities, and innovation than any other EV on the road today—all of which their newest edition is said to embody. Coming in at a midrange price point between $35,000 and $40,000, Volvo’s new EV expected to be a major hit for drivers.

The upcoming Volvo EV will also have a range of 250+ miles, making it a viable competitor in its class.

Additionally, Volvo is the only premium automaker set to produce a long-range EV priced under $40,000, a fact drivers and critics alike have noticed. Volvo plans to corner this untapped market and make it their own.

Most likely coming as a derivative of Volvo’s iconic S40 sedan, the new EV is also expected to come in a compact crossover model as well.

To meet the demands of more eco-friendly drivers and stricter emissions regulations, Volvo is in an arms race to produce more plug-in hybrids and EV models with an added luxury twist. The automaker plans to release several new hybrid vehicles in the coming years.

Though the new EV will not be released until 2019, drivers can check out the rest of Volvo’s lineup and innovations right here at Volvo of Tulsa. We have a wide selection of new and pre-owned Volvo models backed with customer support you can trust. Our staff has years of experience and are committed to getting you on the road in the Volvo of your dreams today. We also have a finance center to help you get approved today. Let us help you find the best Volvo loans and leasing options available.

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