Volvo Car India has achieved a significant milestone in its journey towards electrification by delivering over one thousand electric vehicles (EVs). This announcement underscores the brand’s commitment to sustainable mobility.
The three EV models offered by Volvo Car India – the XC40 Recharge, the C40 Recharge, and the single motor XC40 Recharge – are all available through its Online Direct Sales model. This diversified lineup aims to cater to various customer preferences in the growing electric vehicle market.
Jyoti Malhotra, Managing Director of Volvo Car India, expressed pride in this accomplishment, particularly on World Environment Day. Malhotra highlighted that surpassing the 1,000 EV delivery mark is a testament to the strong customer confidence in Volvo cars and the brand’s dedication to propelling the luxury EV market in India. He reiterated Volvo’s ambitious goal of transitioning into an all-electric company by 2030.
In 2023, Volvo Car India witnessed an impressive 31% increase in overall sales compared to the previous year, with the XC40 Recharge and C40 Recharge models contributing significantly, accounting for 28% of total sales. This uptick in sales reflects the growing demand for electric vehicles in the Indian market.
Looking ahead, Volvo Car India remains committed to its electric vehicle strategy, planning to introduce one new electric vehicle model every year. The ultimate aim is to completely shift its product portfolio to electric vehicles by the year 2030.
Since establishing its presence in India in 2007, Volvo Cars has expanded its reach through 25 dealerships across the country. This network ensures accessibility to Volvo’s premium products and supports its mission of promoting sustainable mobility solutions in India.
