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 a four-seat hatch.