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Volvo Car India Surpasses 1000 EV Deliveries Mark

Volvo Car India’s EV Portfolio Includes XC40 Recharge and C40 Recharge Models

New Delhi, 5th June 2024: Volvo Car India proudly announced today that it has surpassed the historic milestone of delivering over 1,000 electric vehicles (EVs). This significant achievement highlights the company’s rapid progress in the Indian EV market since it began its journey in November 2022 with the delivery of its first XC40 Recharge. Notably, the XC40 Recharge was the first locally assembled luxury electric SUV in India.

Volvo Car India offers three distinct EV models in the Indian market: the XC40 Recharge, the born-electric C40 Recharge, and the single motor XC40 Recharge. All these models are available through Volvo Car India’s innovative Online Direct Sales model, ensuring a seamless and efficient purchasing process via the company’s website. Additionally, Volvo EV customers are granted exclusive membership to the prestigious ‘Tre Kronor Experience’, Volvo’s ultimate luxury program.

“On the occasion of World Environment Day, we are delighted to announce that Volvo Car India has delivered over 1,000 EV cars. This milestone is a testament to our journey towards becoming an all-electric company by 2030. Our robust progress reflects the strong customer confidence in our cars and our commitment to growing the luxury EV market in India,” said Jyoti Malhotra, Managing Director of Volvo Car India.

In 2023, Volvo Car India experienced impressive growth, with a 31% increase in overall sales compared to 2022. The pure electric models, XC40 Recharge and C40 Recharge, accounted for 28% of the total sales, underscoring the growing demand for luxury EVs in the country.

Looking ahead, Volvo Car India remains committed to launching one electric vehicle each year, with the ambitious goal of converting its entire portfolio to electric vehicles well before 2030.

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