Volvo to launch EX30 EV in India by 2025

The Swedish luxury carmaker Volvo has announced that the EX30, its smallest electric vehicle to date, will go on sale in India in 2025. Martin Persson, Head of Volvo automobiles for Asia Pacific (apart from China), stated in a statement to the media in Delhi, "The EX30 is our most environmentally friendly car to date; its CO2 footprint is far smaller than that of other automobiles. Naturally, cost is a factor, but I believe individuals who care about the environment will find it appealing.”

The bigger EX90 serves as a model for the EX30's features and design, which makes it a tech-heavy vehicle. In other countries, the SUV is available in two different battery pack variants for usage. The first utilises 51 kWh of LFP chemistry cells and claims a range of 344 kilometres. For a longer range, there is also a 69 kWh pack that uses NMC cells and boasts a range of up to 480 kilometres (WLTP cycle). 

Additionally, the brand said that the EX90 will launch when the EX30 enters the Indian market. “Our plan is pretty clear: each year, we want to introduce one new BEV product. SUVs are the next two in the lineup, although there may be additional body styles after that. India currently represents our smallest market in the area, but I don't think that it will remain such way.” Persson predicted that electrification would happen more quickly in the premium end of the market than in the mass market, saying, "I would expect higher growth in India than in the rest of the region." 

The MD of Volvo Cars India, Jyoti Malhotra, stated: "More than 25% of our inventory that we sell in India is electric. We want to penetrate a new market sector with the EX30, so I'm confident it will help us grow even further."

The XC40 Recharge and C40 Recharge are the two electric vehicles that Volvo currently offers for sale in India. These EVs will soon be referred to as EX40 and EC40, respectively, in accordance with the company's new nomenclature. The company just achieved a significant milestone: 1,000 electric vehicles delivered to the Indian market.