Volvo XC40 Recharge Pricing in Canada Starts at $64,950, Heat Pump is Extra

Volvo’s XC40 Recharge EPA range couldn’t quite keep up with the Tesla Model Y, but fans are still excited about the new release. And this week, the company has released Canadian pricing for the electric vehicle (EV).

The all-electric Volvo XC40 Recharge will start at $64,950 (CAD) when officially released later this year, according to a company press release.

Including a 78-kilowatt-hour battery pack which can produce up to 402 horsepower, the XC40 Recharge is predicted to cover 335 km on a single charge. Charging the battery to 80% can be done with a 150kW DC fast charger in just about 40 minutes.

Standard safety features include its Blind Spot Information System (BLIS) with Steer Assist, Cross Traffic Alert with Autobrake, Active Bending LED headlights, Run-off Road Protection and more.

Similar to Tesla’s EV models, the XC40 will receive operating system downloads and software updates over the air.

Unfortunately, the Volvo EV will not be eligible for the federal government’s EV credit, which is offered to incentivize buyers into purchasing zero-emission vehicles. Still, consumers are excited to see Volvo’s contribution to the EV world.

“The XC40 Recharge is an excellent car for anyone who appreciates style and technology,” said Anders Gustafsson, Senior Vice President, Americas, and President and CEO, Volvo Car USA LLC, in a statement. “The fact it is electric only adds to its appeal because it is cleaner, quieter and more responsive.”

Volvo XC40 Recharge package and single options in Canadian dollars:

  • Climate Package ($1,000) with heated windshield-wiper blades, heated rear seats and a heated steering wheel.
  • Advanced Package ($2,100) includes high pressure headlight cleaning, Pilot Assist driver assistance system with Adaptive Cruise Control, 360-degree Surround View Camera, 12-volt power outlet in the luggage area and inductive (cordless) smartphone charging.
  • Single options include metallic paint ($900)
  • Lava carpet ($150)
  • 13-speaker Harman Kardon Premium Sound system ($1,250)
  • Energy-saving heat pump ($450) to precondition the cabin temperature and extend battery range
  • 20-inch five double-spoke Black Diamond Cut alloy wheels ($1,000).

Unlike the included heat pump within the Tesla Model Y–and more recently Model 3–Volvo will make customers pay for the extra efficiency unit.

While the XC40 Recharge is no Tesla, time will tell how it’s received by EV enthusiasts. Fortunately for them, Canadian fans will soon see this beautiful EV start popping up at Volvo dealerships later this year.