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2021 Volvo XC40 Recharge, company’s first EV, costs $53,990

2021 Volvo XC40 RechargeVolvo revealed its first fully electric vehicle, the 2021 XC40 Recharge, in October 2019 and on Wednesday we learned the price. Part of the company’s larger effort to reduce carbon emissions, the EV crossover SUV will start at $53,990 before the available $7,500 federal tax credit. The XC40 Recharge rides on the same Compact Modular Architecture…