Volvo Announces U.S. Price Of XC40 Recharge P8

It will effectively start at $47,485, after deducting the federal tax credit.

The all-electric Volvo XC40 Recharge P8 will be sold in the U.S. from $53,990, which after including the $995 in obligatory destination charges and deducting the $7,500 federal tax credit, will effectively turn into $47,485. Orders are already accepted.

Thanks to the federal tax credit, the price seems to be competitive. It’s a few thousand below the entry-level Tesla Model Y ($51,190 in the case of LR AWD and $61,190 in the case of Performance).

Of course, the weak point is the EPA range number of 208 miles (335 km) using a 78 kWh battery, but in the real world, the range might turn out to be sufficient for many customers looking for this type of car.

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