Volvo is reportedly gearing up to launch its next electric SUV, and according to insider information, the vehicle is expected to hit the market with a starting price in the upper $40,000 range. This move would position the new model as a more affordable option within Volvo's electric lineup, potentially appealing to a wider range of consumers. The Swedish automaker has been making significant strides in the electric vehicle (EV) space, with a focus on sustainable and eco-friendly designs. As the global demand for EVs continues to rise, Volvo's new offering is likely to be closely watched by industry observers and environmentally conscious car buyers alike.


Volvo’s next electric SUV will start in the upper $40,000 range  electrek.co