Volvo first all-electric SUV Volvo XC40 Recharge, expected to be priced around ₹75 lakh, comfortably undercuts other luxury electric SUVs like Mercedes-Benz EQC, Jaguar I-Pace, Audi e-tron and the BMW iX that are pricier in India, at around ₹ 1 crore
The Volvo XC40 Recharge has been priced at ₹75 lakh (ex-showroom, India). Though the Swedish brand is yet to officially announce the price, it has listed the all-electric SUV on its India website, revealing the market positioning of the model.
Volvo showcased the XC40 Recharge in India a year ago, saying that bookings would commence in June, followed by deliveries in October 2021. However, the automaker later announced the launch had been deferred to early 2022, due to a shortage of semiconductors. With the Volvo India website finally listing the model, it seems the brand is gearing up for a market debut of its first EV in our country in the coming weeks.