When Volvo revealed its intentions to make its first all-electric car, it raised at least a few questions: would the EV carry a premium over Volvo's already pricier-than-usual lineup? And would it have enough range to be more than an urban commuter car? Apparently, the answer to both is "yes." The company's US chief Lex Kerssemakers told the press that the 2019-era vehicle should carry a price between $35,000 and $40,000, and should have at least a 250-mile range. That would put it at the lower end of Volvo's price spectrum, and pit it directly against the wave of new mainstream EVs like the Chevy Bolt and Tesla Model 3.