Volvo Cars Might Only Go Electric In India By 2025
New Delhi
Volvo Cars, a Swedish luxury automaker, might electrify completely in India by approximately 2025, A senior company executive claimed on Tuesday, well ahead of its global goal of being a 100% electric automaker by 2030. The business will continue to introduce one electric car annually in the nation going forward. It will introduce the electric version of its C40 SUV in the fourth quarter of 2023.
Nick Connor, Head of Commercial Operations for Volvo Cars in the rest of Asia-Pacific, claimed that because the firm is a niche player, it can afford to transition to producing only battery electric vehicles (BEVs) considerably earlier than its rivals.
According to him, the business sold more electric vehicles in India than it did overall Because of production concerns, we have not established strict goals for India or any other market. But whether the global proportion is 11% (as it was last year) or 18% in the fourth quarter of 2022, I believe we should aim for a comparable level or perhaps a little bit higher for India.
The company sold over 1,800 devices in India last year and anticipates its strongest sales year, surpassing the 2,600 units sold in 2018 as the previous high.