Volvo has confirmed that its C40 Recharge electric vehicle (EV) pricing starts at $72,600 in Canada.
While the vehicle doesn’t qualify for any rebates, this is the first EV that Volvo has designed from the ground up, showcasing the legacy manufacturer’s strong push into the world of electric vehicles.
However, it would have been nice for the company to aim for a lower price point that falls under provincial or federal EV rebates. Still, I don’t really hold this against Volvo given it is viewed as a luxury car brand.
The crossover is expected to start rolling off the line in the spring of 2022.
There are a few reasons to be excited about the new EV. For example, it packs an estimated range of 360km, Android Automotive and Volvo says it can charge from 10-80 percent in around 30 minutes. Hopefully, once the car releases and more drivers go hands-on with it, Volvo will be able to justify its expensive price tag. For example, Volvo’s sister brand Polestar also offers a greatcrossover that costs less and features longer range.
When I spent some time with the XC40 Recharge, I liked it a lot. It’s a beautiful car, but its price-to-range value wasn’t really there for me. It seems like the same might be true of the C40, which while it looks like a stunning EV, its technology, unfortunately, lags behind the competition.