Volvo has not been shy about its electrification goal, which includes a determination to have EVs comprise half its global sales by 2025. Trouble is, the company doesn't yet have an all-electric model to sell, but that'll soon change, according to a new report.
Volvo will introduce its all-electric XC40 compact SUV later this year, Automotive News Europe reports, citing confirmation from Volvo at a safety event last week. It will be the first all-electric Volvo on sale, and its debut will mark the second EV unveiling from Volvo Car Group, the first being the electric Polestar 2.
Beyond that confirmation, details are scant. The XC40 entered production in late 2017, so a debut later this year might come alongside a mild refresh that updates the vehicle's styling or packaging. There's also no additional information about the electric XC40's powertrain at the time of writing, so any estimates about range or performance would be shots in the dark.