Volvo hasn’t entered the electric car race just yet, but once it does it has its sights set on the Tesla Model 3. At least that’s the strategy offered up by Volvo U.S. boss Lex Kerssemakers, according to Automotive News.
The name of Volvo’s first electric car still isn’t known, but it is confirmed to ride on the company’s SPA architecture that underpins the 90 series cars, such as the S90 and XC90. Kerssemakers also confirmed that the car will offer at least 250 miles of range once it launches in 2019, which he believes is an imperative.
“That’s what I put in as the prerequisite for the United States,” Kerssemakers said. “If I want to make a point in the United States, if I want to make volumes, that’s what I believe I need.”
The car, regardless of its form, is expected to be in the $35,000 to $40,000 price range. If it’s like other Volvo products, the price range will vary widely with different trim levels and options.