Volvo is the first brand that realizes all the electrified products of the company. At the strategic conference held yesterday, Walvo officially announced a major focus around electrification transformation. In order to accelerate the process of electrification, Volvo put its XC40 pure electric version of the official price of 58,000, and now the guidance is $ 299 million. 
Compared to the fuel version of the model, the pure electric version of the model has a low cost, no maintenance and unlimited advantages, is particularly popular in Beijing, Shanghai. Therefore, all major cars also have to move the pure version of the model, like the previous BMW IX3, Tesla Model Y, all take a price such as price reduction to deal with the market changes. So, the price reduction of Volvo XC40 will be affected by their? Let’s analyze it together.
Fuel, pure electric price difference is too large
Just take the XC40 pure electric version of Journey to Wolvo XC40 2021 T4 four-way wisdom, the low-cut XC40 The pure electric version is cheap and in the price of this fuel version, and the XC40 pure version can achieve 4.9 seconds, and this fuel version is 8.5 seconds. Secondly, the comprehensive fuel consumption of the indigenous system of the fuel model is 7.4L / 100km, and the electricity bill is not so expensive than the oil money. It is worth mentioning that the pure version of the model has 420 kilometers of long battery life and 408 horsepower pure electrical properties. Standing at the perspective of consumers, the price reduction of the Volvo XC40 pure version model is a wise choice. 
When the price of models with the same level
When the Volvo XC40 is launched, many netizens talked about their competitors mainly surround Tesla, BMW and other brands. Today, BMW’s BMW IX3 and Tesla’s Model Y and other models have taken reduction measures to stabilize the market. Under such market environment and pressures, Volvo XC40 has finally cut prices. I don’t know if this hard feeling, will it bring a new wave of sales? 
The Chinese market is the “big cake”
With the increasingly high emission standards, the future car market may become a pure electric vehicle in the world, then The Chinese market is for the publicMulti-car companies are a tempting “big cake”. Everyone is squeezing the drilling of the head to grab the seed user and put a cup in advance. Volvo chooses this time to cut prices, while in order to open the Chinese market, it is also a step by opening the Chinese market. As for the future sales, it depends on the market after watching.