Volvo Car India Delivers 1,000+ Electric Vehicles in India; Aims for All-Electric Portfolio by 2030

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Volvo Car India Celebrates Milestone of Over 1,000 Electric Vehicle Deliveries

Team FS

06/Jun/2024

Key Points:

1: Volvo Car India celebrates delivering over 1,000 electric vehicles in India since November 2022.

2: The company aims for an all-electric portfolio by 2030 and plans to launch one new EV model every year.

3: Volvo prioritizes sustainability, with plans to incorporate recyclable materials and bio-based content in their electric cars.

Volvo Car India, the renowned luxury vehicle manufacturer, reached a significant milestone by delivering over 1,000 electric vehicles (EVs) to customers since entering the Indian EV market in November 2022. The company's commitment to sustainability and innovation is evident through its introduction of electric models, marking a pivotal moment in the Indian automotive industry.

A Focus on Electric Mobility

The introduction of Volvo's compact electric SUV, the XC40 Recharge, marked the company's foray into the Indian EV market. This model not only represents Volvo's dedication to electric mobility but also reflects its commitment to providing customers with cutting-edge technology and environmentally friendly alternatives. The XC40 Recharge, which became the first locally assembled electric SUV in India, underscores Volvo's efforts to localize production and enhance accessibility to electric vehicles in the country.

Towards an All-Electric Future

Jyoti Malhotra, Managing Director of Volvo Car India, expressed pride in the company's achievement, stating, "On the occasion of World Environment Day, we are happy to announce that Volvo Car India has delivered over 1,000 EVs." Emphasizing Volvo's long-term vision, Malhotra added, "This achievement is another milestone on our journey towards becoming an all-electric company by 2030." With a commitment to sustainability and innovation, Volvo aims to launch one new electric vehicle every year and transition its entire portfolio to electric cars by 2030.

Driving Sustainable Practices

Volvo's commitment to sustainability extends beyond electric mobility to include the use of recyclable materials in their electric cars. Malhotra outlined the company's plan to prioritize the incorporation of recyclable and bio-based content in their new car models, with a target of achieving 25% recycled and bio-based content by 2025. By integrating sustainable practices into their manufacturing processes, Volvo demonstrates its dedication to reducing environmental impact and promoting a greener future for the automotive industry.

Conclusion

Volvo Car India's milestone of delivering over 1,000 electric vehicles in India signifies a significant step towards sustainable mobility in the country. With a focus on innovation, accessibility, and environmental stewardship, Volvo is poised to lead the charge towards an all-electric future. By prioritizing sustainability and embracing technological advancements, Volvo Car India continues to redefine the automotive landscape, setting new standards for excellence in the pursuit of a greener, more sustainable world.

Also Read : Dixon Technologies and HKC Corporation Forge JV to Propel Electronic Manufacturing in India

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Volvo Car India Celebrates Milestone of Over 1,000 Electric Vehicle Deliveries

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