Volvo Car India surpasses 1000 EV deliveries on World Environment Day
Volvo Car India offers three EV models in India, the XC40 Recharge, the born electric C40 Recharge and the single motor XC40 Recharge.
Volvo Car India today announced that the company has crossed the historic milestone of delivering over 1000 electric vehicles. Volvo Car India offers three EV models in India, the XC40 Recharge, the born electric C40 Recharge and the single motor XC40 Recharge. All these are delivered under the company’s ambitious Online Direct Sales model through the Volvo Car India website.
"This achievement is another milestone on our journey towards becoming an all-electric company by 2030. Our robust progress is a reflection of strong customer confidence our cars command as well as our commitment to grow the luxury EV market in India," said Jyoti Malhotra, Managing Director Volvo Car India.
The company reported strong growth in 2023, with a 31% increase in overall sales compared to 2022. The Pure electric models XC40 Recharge & C40 Recharge together account for 28% of the total sales.
Volvo Car India is committed to launching one electric vehicle every year with an aim to fully electrify its EV portfolio by 2030, it said in a press release.
RELATED ARTICLES
Kirloskar-Backed Arka Fincap Secures ₹525 Crore Investment From TPG
TPG's investment in Arka Fincap comprises an initial ₹525 crore tranche, with a further ₹275 crore linked to business mi...
Tata Motors Raises Iveco Stake To 96.29%, Plans Squeeze-Out
Tata Motors' Iveco acquisition offer has reached provisional acceptance of 96.29% of the Italian commercial vehicle make...
Karnataka Claims Petrol Contains Excess Ethanol; Refiners Dispute Testing Methodology
Karnataka alleges ethanol levels of up to 31.2% in retail petrol samples, while public sector refiners dispute the findi...



05 Jun 2024
Eshisha Java

Autocar Professional Bureau