Volvo Car India records 33% sales growth to 1089 units in H1 2023, ET Auto

The growth was primarily driven by the XC60, which increased 35% to 376 deliveries.

New Delhi: Volvo Car India recorded 33% growth in the first Half of 2023 by delivering 1,089 cars compared to 818 units in the corresponding period of last year.

The growth was primarily driven by the XC60, which increased 35% to 376 deliveries. The locally assembled all-electric XC40 Recharge performed well with 289 units during this period, accounting for 27% of the total volume, the company 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.” Jyoti Malhotra, Managing Director, Volvo Car India, said.

Volvo Car India 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 Hoskote near Bengaluru. Bookings for this all-electric crossover will open in August, with deliveries scheduled to commence in September.

  • Published On Jul 12, 2023 at 01:43 PM IST

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