India's share in our EV sales to be more than any others: Volvo India MD

Car maker says four out of five cars it sells in India will be electric by 2025; globally, EV sales will be 50% of company's total

Swedish luxury car maker Volvo Cars has said that around 80 per cent of its sales could be electric cars by 2025 in India, while globally it will be around 50 per cent. The Company is excited about EV as it will be 43 per cent cheaper than alternate fuels due to policy initiatives taken by the Government.

After inaugurating a new dealership and unveiling S60 at Chennai today, Charles Frump, managing director, Volvo Cars India said that the luxury segment will lead the way for electric vehicle transformation. However he cautioned, the Government should not change the policies.

“It