All of Volvo’s models are imported as completely knocked down (CKD) kits and assembled at its factory near Bengaluru
Three years from now, eight out of 10 cars that Volvo Car India will sell is likely to be electric. That’s the plan the Swedish luxury carmaker is working on as it seeks to ride the mega electric mobility trend in the luxury car segment.
In this segment, adoption to battery electric vehicles (BEVs) is expected to be a lot faster than the mass car segment.
This is in line with the parent company’s goal of becoming a pure electric firm by the turn of the decade.
Volvo currently sells the XC40 Recharge in India — launched in July this year — and
First Published: Sep 21 2022 | 6:35 PM IST