Swedish marque confirms plans to reveal all-electric crossover later in 2019, ahead of a market launch in 2020.
Volvo is set to reveal an electric variant of its XC40 SUV later this year, the company has confirmed.
Speaking with industry journal Automotive News Europe, at a safety event in Gothenburg, Sweden, Volvo officials indicated the EV will debut before the end of 2019, before hitting showrooms in global markets from 2020.
The spokespeople declined to comment further, however.
While the company's representatives were tight-lipped on the new model's details, we do know this will be the first all-electric model from the Swedish marque, and forms part of Volvo's plans to have half its annual sales volume taken up by EVs by 2025.
Volvo has previously confirmed the XC40 will soon offer two plug-in hybrid options as well, in the form of the T4 Twin Engine and T5 Twin Engine.
We don't have specifications for the T4 Twin Engine, though we do know the T5 Twin Engine teams the T3's 115kW/265Nm 1.5-litre turbo three-cylinder petrol engine with a 55kW electric motor and 9.7kWh battery pack
The higher-spec plug-in hybrid drivetrain claims around 31km of zero emissions driving.
Speaking with CarAdvice, Volvo's local division said: "We are very much wanting to bring that product to Australia and await start of production for our right-hand drive market".
The all-new S60 is expected to offer T6 Twin Engine and T8 Twin Engine PHEV options when it arrives later this year, too. Stay tuned for an update.
Pictured: Volvo XC40 T5 Twin Engine