Production of the Volvo XC40 Recharge (XC40 electric) started at the brand’s plant in Ghent, Belgium, on October 1. The XC40 Recharge (EV) is the first of the Volvo electric car train as the brand aims for 50 per cent of its global sales to come from EVs in 2025 (the rest will be hybrids).
Every Volvo XC40 Recharge scheduled to be manufactured this calendar year has already been sold, the company announced, however, order books are open. The first lot of XC40 electrics will be delivered to European customers later this month.
The Indian launch of the XC40 Recharge is confirmed to take place in 2021. Given the robust order book, we expect deliveries to commence in India in the second half of the year, though dealers could start bookings earlier.
Volvo aims to convert their CBU imports to India to locally assembled products next year, and given that the XC40 Recharge is a variant of the XC40 (which is on sale in India), it too could be assembled at the Hosakote plant near Bengaluru. The XC60, XC90 and S90 are currently assembled at this facility.
Volvo Car India MD, Charles Frump, hinted that the electric Volvo SUV could be priced under Rs. 50 lakhs, (ex-showroom) when he said in a recent web interaction that the “price gap will be much less” between the petrol and EV variants.
Another reason for the Volvo XC40 Recharge to be competitively priced is the GST on electric four-wheelers which is only 5 per cent, as compared to 28 per cent on ICE cars of this category.
Coming to the specifications of the Volvo XC40 Recharge, all wheel drive with two electric motors and a 78 kWh battery is the only configuration the Volvo electric car is available in, currently. This gives it a range of 400 km (WLTP cycle), while the outputs of 408 hp & 660 Nm deliver 0 to 100 km/h acceleration in a brisk 4.9 seconds and a top speed of 180 km/h. Using fast charging, the battery can be taken to 80 per cent of its capacity in about 40 minutes.
Compared to the standard SUV, the Volvo XC40 Recharge gets a redesigned frontal structure to account for the absence of an engine, and a safety cage for the battery pack to protect against roll-over accidents.
When will the Volvo XC40 Recharge launch in India?
The Volvo XC40 Recharge will launch in India in 2021. Expect dealers to commence bookings in the first half of the year.
What is the Volvo XC40 Recharge price?
The Volvo XC40 Recharge is expected at around INR 50 lakhs, ex-showroom.