luxury car maker Volvo Car India announced that it will commence deliveries
of its first full electric car - The
XC40 Recharge in October 2021.
are committed to becoming a leader in the fast-growing premium electric car
market and plan to double our volumes in the next two years. We will commence
bookings of our first pure electric SUV, XC40 Recharge in June this year and
start deliveries three months hence. By 2025 electric cars should constitute
80% of our annual sales" said Jyoti Malhotra, Managing Director, Volvo Car
part of its sustainability initiatives, the company announced that it aims to
become carbon neutral by 2040. The Company is also gearing towards having all
Its dealerships in India becoming Green Dealerships. It is undertaking skill
upgradation of its dealer workforce to familarise them with the new technology
of electric cars as well as to respond to the exacting requirements of its
Company intends to sell only fully electric cars and phase out any car, in the
portfolio, with an internal combustion engine, including hybrids by 2030. This
is in sync with the Company's global climate plan, which seeks to consistently
reduce the life cycle carbon footprint per car through concrete action.
“Our first electric car XC40 Recharge has been
received very well globally and we expect the same in India as well. Starting
this year we will launch one electric car every year in the Indian market and
by 2030 we aspire to become a fully electric car company. This will reinforce
our values and commitment towards sustainability and climate safety.”
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