XC60, XC40 Recharge & More Help Volvo Car India Record 38% Growth in Q1 2023

Volvo Car India has announced its sales numbers for the first quarter of 2023. The firm reported selling 544 units in Q1 of this year as opposed to the 393 units at the same time last year, which gave it 38% YoY growth. According to the carmaker, the Volvo XC60 and the XC40 Recharge contributed significantly to the sales growth. In our market, the Volvo XC60 was sold in considerable numbers, witnessing an increase of 27%. Volvo, further, reported selling 138 units of the locally built all-electric XC40 Recharge at this time, which assisted in making up 25% of the overall volume. According to Volvo, positive consumer perceptions of their luxury mobility options and steadfast faith in the brand have been confirmed by a 38% growth. A new electric model will be launched every year, according to the company, to meet its goal of switching to all-electric transportation by 2030.

Also Read: Volvo XC40, XC60, XC90, S90 Get Expensive by up to Rs 2 Lakh

Volvo C40 Recharge: India Launch & More Details

Volvo Car India will launch the long-awaited C40 Recharge by the end of 2023. The model is currently on sale in other nations. For our market, the carmaker will use the CKD route to bring the C40 Recharge. Design-wise, the front of the Volvo C40 Recharge will resemble the XC40 Recharge. Sharp headlights with an LED DRL pattern will be equipped with it. Additionally, the doors will have ORVMs added, and the SUV will have large 5-spoke alloy wheels. The forthcoming model will have a sporty appearance, thanks to its roofline, which is reminiscent of a coupe. 

The interior of the upcoming model will be similar to the XC40. However, a number of modifications will be included. It will be the first car in the history of the company to not include leather inside. It has been done as Volvo wants to keep the C40 Recharge environmentally friendly. Like the XC40 Recharge, it has a sizable infotainment system in portrait form.

Mechanically speaking, the C40 Recharge comes with two powertrain configurations in the international markets, each with different specifications. A single-motor, rear-wheel drive version produces 235bhp and offers a driving range of 482 kilometre. The other is a dual-motor AWD system that generates 402bhp and offers a driving range of up to 504 kilometre. The AWD model can go from a standstill to 100km/h in 4.7 seconds. There is no update on the price yet, but according to market speculations, the carmaker could price it either close to or more than the XC40 Recharge. 

Also Read: Volvo Electric SUV To Globally Unveil in Mid-2023

Volvo XC40 Recharge Crosses 200 Units Delivery Milestone in India 

The Volvo XC40 Recharge recently crossed the 200 unit delivery mark in India. Volvo Car India launched the model in July 2022, and deliveries commenced in November same year. According to the carmaker, it received more than 500 bookings for the vehicle since its launch in the country. With the delivery of the 200 unit of the XC40 Recharge in our market, Volvo Car India has hit a significant milestone. The price of the electric SUV, which is accessible only in a single and fully loaded version, is Rs 56.90 lakh (ex-showroom).