The time has come finally for Volvo to complete in the in stylish world of electric cars by offering affordable price and better range. The famous car producer has declared during the current Geneva Motor Show that its first electric vehicle will have a sticker price of under $40,000 when it makes a big launch in 2019. It will also have a range of 250 miles, somewhat superior to Tesla's forthcoming Model 3, and Chevy's Bolt.

The move would place Volvo in a similar playing field with other huge car producer names that have an effectively established reputation. Tesla's anticipated Model 3, intended to be the company's most affordable electric vehicle, goes on sale for $35,000 later this year. The Chevy Bolt, the first electric vehicle from General Motors, also sells for about a similar price with a 238-mile range.

As indicated by Lex Kerssemakers, CEO of Volvo Car USA, Volvo pairing those electric car specs of range and price are what he sets as the essential or necessary for the United States. He includes that these are what he needs to display If he needs to make a point in the United States. However, not like the squat Bolt, which Chevy has been flaunting for over a year, and the sleekly designed Model 3 revealed by Elon Musk last March, Volvo's all-electric vehicle look is as yet obscure or unknown, the Quartz reports.

Kerssemakers said Volvo is yet to decide the design of their reasonable or affordable electric car. Regardless they're debating whether a refresh or update to a current model or a totally new design, will fulfill clients. Nonetheless, as indicated by the BGR, the Swedish automaker utilizes two body stages for its vehicle improvement-one for its bigger SUVs and sedans, and a smaller one for its hybrids or crossovers and cars, which will permit it to develop the electric vehicle in a generally crunched time timeframe.