Bengaluru: Volvo could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030. It will launch the electric version of its SUV/ coupe C40 in the fourth quarter of this year, which will be assembled here and will keep launching an EV every year in the country going forward.
“I think we will accelerate…we can’t do it this year, maybe in 2025. We said we will be 50 per cent electric (globally) by then, we could say well in India, we’re going to be 100 per cent electric. We have already said in Australia, for example, that by 2026, we’re going to be 100 per cent electric,” Nick Connor, Head of Volvo Cars in Asia Pacific, said.
Currently, Volvo Cars sells electric XC40 Recharge, SUVs XC90, XC60 and XC40 along with the sedan S90 in India.
The company sold 1,800 vehicles in the 2022 calendar year compared with 1,700 cars in 2021. The company expects its sales to come back to pre-Covid levels when the company sold around 2,600 units in 2018.
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