The Volvo XC40 Recharge will have an MSRP of $53,990, excluding a federal tax credit of up to $7,500, when it arrives in the company’s U.S. showrooms later this year, and CA$64,950 (US$49,346) in Canada.

The all-electric SUV features a pair of motors that deliver a combined 402 HP and 486 lb-ft (659 Nm) of torque. Power is supplied by a 78 kWh battery that supports 150 kW DC fast charging, which gives it up to 80 percent of its capacity in around 40 minutes.

Standard XC40 Recharge features include Active Bending LED headlamps, Run-off Road Protection, Blind Spot Information System with Steer Assist and Cross Traffic Alert with Autobrake. It also has 19-inch alloy wheels, a panoramic sunroof with power sunshade, dual-zone climate control, four USB-C ports, a reversing camera, a 12.3-inch driver display and a 9-inch touchscreen infotainment system that supports over-the-air updates.

Read Also: Volvo Exec Says Tesla Influenced Key Aspect Of XC40 Recharge

Customers will be able to spend more on options such as the Climate Package and Advanced Package. The former costs $750 and adds heated steering wheel, heated rear seats and heated windshield-wiper blades, and the latter will set them back $1,300, bringing a wireless smartphone charging pad, 360-degree cameras, adaptive cruise control, high-pressure headlight cleaning and 12-volt outlet in the luggage area.

Other standalone options include metallic paint finish ($645), lava carpet ($100), energy-saving heat pump that pre-conditions the cabin and extends the battery range ($350), 20-inch wheels ($800) and Harman Kardon audio ($800).

On a related note, Volvo is fighting range anxiety by teaming up with ChargePoint, offering its customers the option to buy the latter’s home charger and giving them access to their public charging networks.

“This strategic partnership is a tangible example of how global automakers and companies like ChargePoint can partner to empower drivers with access to at-home and public charging, coupled with an easy-to-use mobile app that brings their entire charging life into one place”, said ChargePoint’s Senior VP, Bill Loewenthal.