The first CKD electric car in Malaysia, the Volvo XC40 Recharge Pure Electric gets its price.
Two weeks after launching the all-electric Volvo XC40 Recharge Pure Electric, Volvo Car Malaysia has now revealed its price. The first ever locally-assembled electric vehicle will be priced at RM262,459.75. For context, the petrol version goes for RM241,997 and the plug-in hybrid electric version goes for RM258,888 in Malaysia.
FOR RM262,459.75, the Volvo XC40 Recharge Pure Electric comes with a charging cable, a limited service package, 5 years vehicle warranty, 8 years high voltage battery warranty, and 5 years of roadside assistance. It is available in 5 colours – Black Stone, Crystal White Pearl, Denim Blue, Glacier Silver and Sage Green. This vehicle can be ordered online at www.volvocars.com/my.
Many were anticipating much more aggressive pricing for this CKD electric premium crossover. As it stands, pricing is still pretty favourable when compared against the fully-imported Mercedes-EQA at RM278,201. However, it still falls short of the full-spec Hyundai IONIQ 5’s pricing of RM259,888.
Volvo Car Malaysia has set a target of 75% pure electric car sales by 2025. There are also plans to export this pure electric vehicle to other markets within ASEAN.
About the Volvo XC40 Recharge Pure Electric
The Volvo XC40 Recharge Pure Electric features dual electric motors with 408 horsepower and 660Nm of torque. It goes from 0-100km/h in 4.9 seconds. A 75 kWh battery delivers 418km of range on a full charge and recovering 80% of the battery’s capacity takes about 40 minutes on the 150kW DC Fast charging.
It features similar high-spec equipment to the petrol variant in Malaysia, but also comes with some additional items. This includes the latest Google integration to the 9″ infotainment system, a digital instrument cluster, and new LED interior lights as well as Volvo On Call and SOS services.
Being a fully-electric vehicle, it also comes with a small ‘frunk’, a tyre repair kit, and unique staggered wheels that are engineered to cope with the EV’s massive torque delivery. Read about our short experience with the car here.
