In the near future, electric cars will no longer be the domain of the luxury-car owner. According to Automotive News, Volvo Cars’ North America CEO, Lex Kerssemakers, told reporters at the Geneva auto show that the company’s first fully electric vehicle will likely have a price range of about $35,000 to $40,000 when it’s released in 2019. This would put Volvo’s electric offering in the same range as Tesla’s forthcoming Model 3, which is intended
Tesla is getting competition in the market for affordable electric cars
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