Speaking to the media at the inauguration of its new showroom in South Mumbai, Charles Frump, Managing Director, Volvo Auto India, said that with the announcement of the reduction in import duties from 15-30 percent to 10-15 percent for electric vehicle components, assembling an electric car in India presents a very interesting case. "As soon as this announcement came out, I got on the phone with Sweden, because this is big news for us. If we assemble BEVs or Battery Electric Vehicles in India, there is significant savings using the CKD model," said Frump.
Volvo as of late began a CKD activity in Bengaluru; however the line is equipped to deliver its greater SPA- stage vehicles like the XC90, XC60 and S90. The XC40, which will be the principal electric vehicle, is made on the littler CMA stage that Volvo imparts to part- proprietor Geely and will require another line or changes to the flow one to do likewise. This is something the organization is as of now anticipating doing, so once Volvo exhibits the electric form of the XC40 all inclusive, not long from now, expect Volvo to report its get together of the vehicle here too. It's the organization's expressed target, and on the grounds that a significant number of the electric parts will originate from China, it could turn out to be very financially savvy as well.
Last year Volvo had confirmed that it will launch ‘India assembled’ plug- in hybrid of XC90 T8 sports utility vehicle from its Bengaluru plant by end 2019. The vehicles will be assembled in the company’s manufacturing unit in Bengaluru and Volvo XC 90 will be the first plug-in vehicle to be assembled in India. Currently, the car is available in the India market via CBU. Earlier, Volvo had announced that every new Volvo from 2019 will have electrification whether it is in the form of mild hybrid, plug-in hybrid or full electric. According to the latest reports, it is said that there will be one-million electrified cars by 2025 and 50 per cent of the contribution will come from full-electric cars. This is one of the main reasons Volvo Cars plans to slowly phase out conventional powertrains and focus only on electrification, in order to its commitment towards environment and electrified future.
Talking about the upcoming XC90, the flagship SUV by Volvo is available in the T8 Inscription variant and the T8 Excellence in the Indian market. Both variants are shipped in as completely- built units (CBUs) currently, but now Volvo is all set to commence local assembly of both variants by the end of 2019. Both the trims come powered by the same 2.0- litre, turbocharged and supercharged four- cylinder petrol engine that makes 320 hp with an 87 hp electric motor. In addition to the electric powertrain, the engine produces a total output of 407 hp and 400 Nm of torque mated to an 8- speed automatic gearbox. The manufacturer also offers four- wheel drive system with engine powering the front wheels and the electric motor powering the rear. Volvo claims a 0- 100 kmph time of 5.8 seconds and an all-electric range of 40 km for the T8 SUV.
In terms of features, the Volvo T8 offers a panoramic sunroof, four-zone climate control, a 19-speaker Bowers and Wilkins audio system, air suspension, a head-up display, ventilated front seats and Nappa leather upholstery among others as standard. The T8 Inscription also comes equipped with seven airbags, collision avoidance, radar-based adaptive cruise control, city braking system and more as safety features. On the other hand, the T8 Excellence offers one with only four seats, retractable touchscreens for each rear passenger, a refrigerator, a crystal gearshift knob and others.
Currently, the T8 Inscription is priced at Rs 96.65 lakh and the T8 Excellence costs Rs 1.31 crore (all prices, ex- showroom). With their local assembling in the country, prices for both XC90 T8 variants are expected to remain similar to quite an extent. The Volvo XC90 takes on likes of the Mercedes- Benz GLS, BMW X5, Range Rover Velar and the Audi Q7. Stay tuned to V3cars.com for further updates from Volvo India.