Volvo’s Polestar brand is dedicated to original models designed from the ground up as electric vehicles. Meanwhile, in the next few years all existing Volvo-badged vehicles will be offered with all-electric and plug-in hybrid options. That process is underway with plug-in hybrid versions of the XC60, XC90, and S90 already in showrooms.

In 2020, the first pure electric Volvo will arrive in the form of a battery-powered XC40 small crossover. Volvo executives hinted that the XC40 will offer about 250 miles of range – and come with a price tag below $50,000.