After weeks of teasing the public with tantalizing details, Volvo Cars has finally pulled the wraps off of its first pure-electric vehicle: the Volvo XC40 Recharge . From here on, "Recharge" will serve as the Swedish automaker's sub-brand for pure-electric and plug-in-hybrid vehicles, reflecting the fact that unlike conventional hybrids, these cars can all be plugged in to recharge.

"We have said this several times before: for Volvo Cars, the future is electric," says Volvo Cars Chief Executive Håkan Samuelsson. "Today we take a major new step in that direction with the launch of our fully electric XC40 and the Recharge car line."

The 2020 Volvo XC40 Recharge has the specs to make a serious play in the battery-electric-vehicle (BEV) space, with 402 peak horsepower from an electric all-wheel-drive powertrain. It will deliver more than 200 miles of total driving range in the U.S., according to the automaker, and fast-charging will allow it to recover up to 80% of its capacity in just 40 minutes.

That last figure is crucial; for as long as BEVs have been around, "range anxiety" and long recharge times remain major sticking points for potential customers. Being capable of regaining as much as an 80% charge in such a brief span makes the electric Volvo XC40 Recharge's charge times competitive with much lower-powered EVs like the Nissan Leaf and Chevrolet Bolt.

In addition, the new XC40 Recharge is the first Volvo ever to feature a new infotainment system powered by Google's Android OS . Of course, it will be fully integrated with the Volvo On Call connected services program.

Volvo is anticipating a huge uptick in demand for its Recharge-branded pure-electric and plug-in-hybrid vehicles, with plug-ins expected to make up 20% of its total global sales by 2020. To meet that increased demand, Volvo has announced it will triple its electrified-vehicle production capacity and begin offering "Designer's Choice" versions of its popular Recharge models to reduce delivery times.

With its sights set on 50% BEV sales by 2025, Volvo will introduce one new pure-electric vehicle model per year for the next five years. The all-new electric Volvo XC40 Recharge is the first in what will be a full range of Swedish-engineered BEVs.