Already offering a broad range of plug-in hybrid vehicles, Volvo is further committing to electrifying its lineup with the new 2021 XC40 Recharge, an all-electric small SUV with a whopping 402 horsepower and 486 pounds-feet of torque. Volvo just announced its electric SUV will cost $55,000 before options, which is relatively pricey before you consider tax credits; a gas-powered XC40 T5 Inscription trim, the top-spec version, starts at $42,445 (including destination).
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