The Volvo XC40 P8 Recharge will set you back R1.2 million (including VAT).

According to Greg Maruszewski, Managing Director at Volvo Car South Africa, the company has worked hard to offer this luxury all-electric vehicle at a competitive price.

“All-electric vehicles sold in South Africa have traditionally come with hefty price tags, which have undoubtedly been a deterrent. We know that there is an appetite in South Africa for electric cars, and we were determined to give customers an attractive price,” he says.

In addition to the announcement of the price, the company also announced that the car would be sold exclusively online via the company’s new website, My Volvo. This unique online store enables South Africans to purchase or rent a new car in as little as 20 minutes – and without leaving their home. Customers only need to follow five easy steps to select the car and arrange both finance and delivery (or collection).

Volvo’s first all-electric vehicle, the XC40 P8 Recharge, can travel up to 418 km on a single charge. The XC40 P8 Recharge will deliver a brisk performance, with its twin electric motors producing 304 kW (408 hp) of power and 660 Nm of torque to deliver a 0-100 km/h time of just 4.9 seconds.

Included in the pricing of the Volvo XC40 P8 Recharge is the Volvo CARE package. This includes a five-year maintenance plan and warranty, three years of insurance, use of a petrol car for two weeks a year for three years and a home charger that includes charge cables.

“The Volvo XC40 P8 Recharge all-electric is clearly a sign of things to come; last month the company announced that it would only manufacture electric cars by 2030, with all sales to be online. So, our future is clear, and the car will be fully electric, sustainable and online,” concludes Maruszewski.

• Other fully electric vehicles available locally include the BMW i3 eDrive, Jaguar I-Pace, Porsche Taycan and the Mini Cooper SE Trim s.