The Gentleman Magazine Issue 18 | December 2019 | Page 44

VOLVO CARS LAUNCHES FULLY ELECTRIC VOLVO XC40 RECHARGE AS PART OF NEW ELECTRIFIED CAR LINE Future Volvo customers will need to answer one fundamental question: do you want a new Volvo with a cord or without one? Today, Volvo Cars introduces the XC40 Recharge, the company’s first ever fully electric car and the first model to appear in its brand-new Recharge car line concept. The XC40 Recharge, based on the multi-award-winning and best-selling XC40 small SUV, is the first of a family of fully electric Volvos. It represents a true milestone for Volvo Cars: the company’s first electric car and the first Volvo with a brand-new infotainment system powered by Google’s Android operating system. Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50 per cent of global sales by 2025, with the rest hybrids. Recharge will be the overarching name for all chargeable Volvos with a fully electric and plug-in hybrid powertrain. From early 2020, customers entering the Volvo Cars website will first be asked whether they want a Volvo Recharge car or not. To further encourage electric driving, every Volvo Recharge plug-in hybrid model will come with free electricity for a year, provided through a refund for the average electricity cost during that period. “We have said this several times before: for Volvo Cars, the future is electric,” said Håkan Samuelsson, President and Chief Executive Officer of Volvo Cars. “Today we take a major new step in that direction with the launch of our fully electric XC40 and the Recharge car line.” 44 | The Gentleman Magazine “Powered by , Securing the Internet of Things”