• Mar 24, 2011
Volvo C30 Electric – Click above for high-res image gallery

A trial fleet of around 400 Volvo C30 Electrics is coming, and anyone who wants one had better have an awful big piggy bank. Speaking at a media launch near Indianapolis, IN today, the president of Volvo Car Special Vehicles, Lennart Stegland, said that, while the final price for the car hasn't been set, Volvo will not sell the EV, but instead offer the car through a three-year lease for around 1,500 Euros. Per month.

1,500 Euros comes out to about $2,129.85 at today's exchange rates, so if you stick it out for the full 36 months, you get to spend $76,674 to not buy a car. Even worse, Stegland said that Volvo will lose money on the deal. Ouch. Developing electric vehicles for mass production (which, on Volvo's schedule, will happen sometime around 2013 or so) is more than mildly expensive.

Sure, for the three years you drive the C30 Electric, you'll probably be quite happy with the car. We certainly were when we drove it last fall and fell for it again in Indiana today (our full write up is coming soon). To convince EV skeptics, Volvo is pushing its traditional safety message pretty hard with the C30 Electric, and we're sure the car is as safe as can be. We'll see how powerful this argument is when a hundred C30 Electrics come to the U.S. in the first quarter of 2012. An official lease price hasn't been set but, as much as we like it, it'll be hard to justify two-large a month for four-seat hatch.



Photos copyright ©2010 Sebastian Blanco / Weblogs, Inc.


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    • 1 Second Ago
  • 27 Comments
      • 3 Years Ago
      So, to save money on gas, I'll spend over $25,000 a year to drive an electric car? OR, to save the earth, I'll drive an electric car that costs 10 times as much to lease as other electric cars that do pretty much the same thing? News flash! Most people who want to "save the planet" don't really care about what their car looks like or driving enjoyment. Not ALL, but most. They just don't care. So trying to lease this on it's looks or performance is barking up the wrong tree.

      I'm thinking they will lease exactly zero of these.
      • 3 Years Ago
      But think of all the money saved by not buying gas. When it hits $200/gal, you'll thank Volvo.
        • 3 Years Ago
        Actually, no. At over 70K a year just to lease the car, you'd save more money with a car running on fuel.
        • 3 Years Ago
        I misread what you wrote. I thought you said 200/barrel. 200 a gallon? Now you're being silly.
      • 3 Years Ago
      The only way they're losing money on a $75K three year loaner car is if they're including the cost of R&D for their electric car program.
      • 3 Years Ago
      I'm sorry, what? $2100 is more than I paid for the last Volvo I owned ('92 740 Wagon).

      • 3 Years Ago
      $25,000 a year will buy a heck of a lot of gasoline.
        • 3 Years Ago
        OK, I'll play. Assume $8/gallon and 15 mpg. That gives us 3125 gallons per year and 46875 miles. I think I can manage on that.
      • 3 Years Ago
      Oh good grief.

      Dumbest. Move. Ever. And I hope some stupid sap doesnt actually go for that.

      • 3 Years Ago
      Wow so in three years that adds up to over 200K. Uhhhh yeah.... I'd buy an M3 and a Chevy Volt and call it a day.
      • 3 Years Ago
      LOL!
      • 3 Years Ago
      They have already leased out 250 vehicles here in Sweden to government companies and local companies. They have started to deliver the vehicles. I see them quite offen.
      • 3 Years Ago
      Come on people, you can't put a price on saving the planet. It's worth every penny.
        • 3 Years Ago
        Get another electric car then, $2100 a month for an electric sub-compact?
      • 3 Years Ago
      This must be the Congressional Edition.
      • 3 Years Ago
      You can lease a Volt for about $200/mo, and these guys want to charge 10X that for this Volvo?

      Yeah, I think either someone messed up on their Swedish-to-English Google Translation, or their Krone-to-US Dollar converter is screwy.
        • 3 Years Ago
        This Volvo seemed like a great deal until a realized it didn't come with a small house and a half-acre lot.
        • 3 Years Ago
        The Volt lease is verbalized as $350 per month, not $200. It'd be even higher if GM didn't subsidize it with a very high residual factor.
        • 3 Years Ago
        i could probably lease a 911 turbo for less
        • 3 Years Ago
        The price for cars in Europe really has nothing to do with the price of cars in North America. It's not just a conversion of Euros to Dollars. The lease on this car can't be much more than the Mini EV at $850 or the upcoming Active E-1 at $600 lease if they want any takers.

        But seriously, by the time this Volvo 'test' gets started, the Ford Focus Electric will be for sale at about $30K or lease for about $350 to compete with the now even more unavailable Leaf. So why would anyone ever choose to pay over $800 to lease the Volvo EV???
        • 3 Years Ago
        volva just lost all my respect.
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