VOLVO has broken new ground by rolling the first electric car off of its India manufacturing plant’s assembly line.
The Swedish automaker now has a leg up on competitors like Tesla, who can’t launch their vehicles in the country without on-site production.
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Due to this protectionist legislation, Tesla has been denied the ability to launch in India several times.
Volvo’s India-manufactured XC40 Recharge is also the first locally assembled electric luxury SUV to hit the nation’s streets.
The international auto manufacturer announced its plans to begin manufacturing its electric models in India in May, HT Auto reports.
These plans will act as a stepping stone for the company to fulfill its goal of becoming all-electric by 2030.
Volvo will continue adding electric vehicles (EVs) into its portfolio for Indian customers in the coming days.
Jyoti Malhotra, Managing Director of Volvo Car India, said: “Today we witnessed the first car rolling off the assembly line at our Hoskote plant near Bengaluru, Karnataka.
“Historic as this is, today’s event further strengthens our commitment of offering the Indian market a new electric model every year.”
Volvo’s new XC40 Recharge was launched at Rs 55.90 lakh, ex-showroom on July 26th.
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The XC40’s July promotional event led to Indian consumers submitting 150 online bookings of the car when reservations opened the following day.
Specs defining the 2023 XC40’s performance include 223 miles of driving range and a robust 402 maximum horsepower rating.
When using a fast charger, drivers can bring the 2023 XC40’s battery from 10% to 80% in a speedy 37 minutes.
Complementing the 2023 XC40’s environmentally-conscious performance is the SUV’s responsible use of a leather-free interior.
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