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Volvo 40 Series paves a new path to electric compact cars

Volvo 40 Series paves a new path to electric compact cars

He added that the first new 40 series auto is expected to go into production in 2017.

Early reviews are positive on the new compacts from Volvo, with SlashGear calling the compact Volvos "striking" and Tech Insider pointing to the "stunning" look. The all-new S40 and the all-new V40 will follow.

At the core of the new Compact Modular Architecture (CMA) is an I-3 engine that will be offered in conventional and plug-in hybrid variants.

The company also claims its new small cars will deliver "a full range of innovative connectivity services, plus the world's most advanced standard package of safety features and Scandinavian interior design".

Geely's ambitions to break into European and United States markets is centred on the China Euro Vehicle Technology (CEVT) development hub it created in 2013 in Sweden to build the new platform, which it will use in Volvo and Geely's small cars.

658_190848_Volvo _Concept _40_1_front _seven _eights

"In 2015 when we launched the All-New XC90 SUV in Australia we revealed the versatility of the Scalable Product Architecture (SPA)". The 40 series will be a large part in completing that puzzle. Today, the Swedish automaker is revealing not one, but two hints of what's to come, in the form of a pair of 40 Series concepts.

"By taking a modular approach to both vehicle architecture and powertrain development we have succeeded in leap-frogging numerous players in the prestige segment", said McCann.

The Concept 40.1 (below), which previews the Volvo XC40, is reminiscent of the larger Volvo XC90 SUV and features the brand's trademark "Thor's Hammer" headlights and a prominent grille.

The CMA platform was developed in conjunction with Volvo parent company Geely and is expected to be widely utilized by both brands.

With a strong head start thanks to its excellent new XC90 crossover SUV and S90 sedan, Volvo appears firmly on the comeback trail, but it's going to need some smaller, more affordable models to cement its fortunes. Volvo has confirmed that the XC40 crossover will also be available with all-wheel drive. Volvo globally discontinued the second generation S40 in 2012.

Canadian PM arrives in fire-ravaged Fort McMurray
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Murray beats Berdych to reach Madrid Open semifinals
Murray beat Nadal on clay for the first time in his career to claim his first Masters title on the surface in 2015 . She will next face either 38th-ranked Dominika Cibulkova of Slovakia or wild-card entry Sorana Cirstea of Romania.

A Trump proposal for national debt would send rates soaring
Republican presidential candidate Donald Trump puts on a miners hard hat during a rally in Charleston, W.Va., Thursday, May 5, 2016.

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