Inc42 Shots | Volvo’s XC40 sets sail for the Indian EV market

Inc42 Shots | Volvo’s XC40 sets sail for the Indian EV market

Plus-New-Logo-300x63-2.webp

Become A Startup Insider With Inc42 Plus

Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.

Become a member

Unlimited Access

Unlock unlimited access to 500+ monthly new stories and Inc42’s complete archive of 40,000+ stories.

Become a member

Inc42 Academy

Exclusive, in-depth and actionable sessions from 300+ industry leaders, founders & operators to help you level up.

Become a member

Startup Deals

Over $250,000 worth deals on software & tools to help your business scale up.

Become a member

Member-Only Events

Connect with editors and industry peers through our members-only community

Become a member

Clutter-Free Experience

Enjoy an ad-free and clutter-free experience as a member, focus on what really matters to you

Become a member

Support Independent Journalism

Your contribution will go on to support and empower our unbiased & data-driven journalism

Plus-New-Logo-300x63-2.webp

Become A Startup Insider With Inc42 Plus

Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.

Choose Your Plan

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Cancel Anytime
Cancel Anytime

Become A Startup Insider

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Cancel Anytime

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.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.