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Become A Startup Insider With Inc42 Plus
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As the electric vehicle trend catches up in India and companies gear up with new launches, Volvo is set to introduce its first EV in India.
XC40, the company’s first-ever fully electric car was launched in October last year and is set to hit the Indian roads by late 2021 or early 2022, as reported by Moneycontrol.com. The car is built on a compact modular architecture platform (CMA).
Reports state that the CMA platform defines the design language, engineering concepts, safety standards, powertrains, and tech of the vehicle. For the customer, it reduces the costs of the car, allows for faster development of new models, and ensures that those new models are built on proven technology.
To read more, click here.
