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Volvo to go fully electric by 2030, switch entire car portfolio to mild-hybrid petrol

According to Jyoti Malhotra, India Director, Volvo, the Swedish luxury automaker has switched all its models in the Indian market to mild hybrid fuel as part of its goal of going completely electric by 2030. The business on Wednesday unveiled its latest lineup of petrol mild-hybrid vehicles. The new 2023 lineup includes the S90 sedan, mid-size XC60 SUV and the flagship XC90 SUV in addition to the petrol mild-hybrid XC40 SUV.

With these roll-outs, the company has completed its transition to petrol mild-hybrid, in line with its strategy to become a fully electric company by 2030. Malhotra said, “The launch of our 2023 models completes our portfolio of all light petrol hybrids. This change is in line with Volvo’s sustainability and commitment to become a fully electric company by 2030. These models will be equipped with many new features. come along.” Managing Director of Volvo Cars India.

Currently, the company offers a pure electric SUV in its Indian portfolio, the XC40 Recharge, which is locally assembled at its Bengaluru plant. Malhotra also said that the company is ready to introduce its second fully electric model by the middle of next year.

Read also: New variant of Tata Nexon launched in India for Rs 11.38 lakh, celebrates production of 4 lakh units

The petrol mild-hybrid XC90 is priced at Rs 94.90 lakh, while the petrol mild-hybrid XC40 is priced at Rs 45.90 lakh but is being offered at a discounted rate of Rs 43.20 lakh for a limited period of the festive season. Similarly, the petrol mild-hybrid S90 is priced at Rs 66.90 lakh, and the new petrol mild-hybrid XC60 is priced at Rs 65.90 lakh, the company said. (All prices are ex-showroom) Volvo Car India currently has 25 dealerships across India.

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