Volvo Car India recorded a 33% growth in H1CY23, delivering 1,089 cars compared to 818 units delivered in the corresponding period of last year. A communication from the company stated that the growth was primarily driven by the XC60, which experienced a 35% increase resulting in 376 deliveries. Additionally, the locally assembled all-electric XC40 Recharge performed well, with 289 units, accounting for 27% of the total volume during this period.
Jyoti Malhotra, Managing Director, Volvo Car India, said, “The first half has been highly successful, with the XC40 Recharge representing 27% of the sales volume. The impressive 33% growth reaffirms the positive feedback from customers regarding our luxurious mobility options and their strong trust in the Volvo brand. The performance in the first half serves as a promising indicator, instilling confidence that the upcoming months will yield even better outcomes. With the upcoming launch of our Born Electric model C40 Recharge in August, we aim to surpass our best ever year.”
The carmaker has recently unveiled the C40 Recharge, its second electric car offering following the XC40 Recharge. The C40 Recharge will also be assembled locally at the company plant at Hosakote near Bengaluru. Bookings for this all-electric crossover will open in August, with deliveries scheduled to commence in September, the company added.
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