Volvo isn't the only company betting big on electric cars — here are 11 SUVs arriving by 2020 by Danielle Muoio on Jul 5, 2017, 9:29 AM Advertisement
 Volvo is betting big on electric cars. The Swedish automaker said Wednesday it will introduce five electric or hybrid cars between 2019 and 2023. Two of the cars will be built under Volvo's Polestar brand, the automaker's performance brand that Volvo said will focus on electric vehicles in June. But Volvo isn't the only company trying to corner the electric vehicle market, which automakers expect will grow with the proliferation of charging stations and advancements with battery tech. Companies — including Mercedes, BMW, Volkswagen, Audi, and more — are looking to capitalize on consumers' desire for space by releasing long-range, electric SUVs. Here are 11 electric SUVs slated to arrive by 2020: SEE ALSO: Jaguar is releasing its Tesla rival in 2018 — and it's stunning Danielle Muoio Jul. 4, 2017, 8:47 AM 569,202 1. Jaguar first unveiled its I-PACE electric SUV concept at the Los Angeles Auto Show in November, but the automaker recently showcased the car in a stunning red. The car is serving as the basis for a production model slated to arrive in 2018 — and we like what we're seeing so far. 
Jaguar said its I-PACE can drive 220 miles on a single charge and accelerate to 60 mph in 4 seconds. There's no word on price yet, but it will likely fall in the luxury price range north of $50,000. 
There are two touchscreen displays on the center console of the I-PACE. There's also a virtual screen instead of a traditional driver's instrument that can be controlled using buttons on the steering wheel.  You can get a more in-depth look at the Jaguar I-PACE SUV here.
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