Milan Automotive announced the Milan Red hypercar with exterior photos, structural details, performance specs, and a $2.3 million price tag.
The XC40 will become the first fully electric Volvo, but it won’t launch until after the Polestar 2 goes on sale in 2019.
The plug-in hybrid version will be the first to go on sale in China later this year and it will feature a naturally aspired 1.5-liter gasoline engine.
We've been waiting for automakers like Audi, Renault, or BMW to fight with Tesla for the first spot in the EV market, but Polestar will do that instead