Volvo India has announced that its first all-electric model, the XC40 Recharge, will be locally assembled at the carmaker’s Hoskote plant near Bengaluru. The XC40 Recharge’s launch is slated for July 2022, and deliveries will begin from October this year.
Volvo, then, becomes the first luxury carmaker to locally assemble electric vehicles in India; this is important because it only indicates competitive pricing for the XC40 Recharge.
Volvo India has been locally assembling almost all of its models, and the XC40 Recharge will be the latest to join the line-up. Other models include the flagship XC90, XC60, XC40 and S90 sedan. It is only the S60 sedan that comes to India as a full import.