Volvo on Wednesday introduced United States pricing for the XC40 Recharge electrical crossover—its first mass-market electrical automobile.

The XC40 Recharge will begin at $54,895 (together with a compulsory vacation spot cost), however will qualify for the total $7,500 federal tax credit score, and probably state and native incentives as effectively, relying on the place you reside.

With the $7,500 federal EV tax credit score, that may permit the Recharge to undercut the Tesla Mannequin Y—though it will depend on your particular person tax scenario.

Normal gear features a panoramic sunroof, 9.0-inch portrait-oriented infotainment touchscreen, 19-inch wheels, and a number of driver aids, together with computerized emergency braking, blind-spot monitoring, and cross-traffic alert. A cellular cost connector can also be supplied, permitting drivers to cost at 240V on the go, if it is obtainable.

Volvo’s Pilot Help driver-assistance system is offered as a part of a $1,300 Superior Bundle, together with wi-fi cellphone charging. A Local weather Bundle ($750) consists of heated windshield wiper blades, heated rear seats, and a heated steering wheel.

Particular person choices embrace a warmth pump ($350), 13-speaker Harman Kardon audio system ($800), 20-inch wheels ($800), and metallic paint ($645).

2021 Volvo XC40 Recharge goes into production

2021 Volvo XC40 Recharge goes into manufacturing

The Recharge is carefully associated to the Polestar 2, sharing that automobile’s Compact Modular Structure (CMA) platform and Android-based infotainment system.

At launch, the Volvo will get a dual-motor all-wheel drive powertrain, with one motor powering every axle and a 78-kilowatt-hour battery pack. Mixed output from the 2 motors is 402 horsepower and 486 pound-feet of torque.

The Recharge was not too long ago rated at 208 miles of range in keeping with the EPA—though Polestar has already demonstrated in impartial testing it employed out that it does higher in real-world vary.

Production began earlier this month, with Volvo telling Inexperienced Automotive Reviews that U.S. deliveries possible would not start in January 2021. Nevertheless, a press launch from the automaker saying pricing mentioned the Recharge “arrives in showrooms nationwide later this 12 months.”

When it does arrive in U.S. dealerships, the XC40 would be the sole all-electric Volvo mannequin, albeit in a lineup filled with plug-in hybrids.

Volvo has already lowered costs on its plug-in hybrid models to lift its portion of plug-in autos within the U.S. market.