Volvo is planning to expand its product portfolio in India by introducing more hybrid vehicles across its model range by 2021.This move comes after a promising start for the Volvo's only hybrid vehicle in India, the XC90 T8.
The hybrid SUV has received 50 bookings since its launch and the deliveries will begin from January next year. Volvo believes that hybrid technology is a key factor among the luxury car rivals.
Volvo has developed two new platforms - SPA for the 90 series and yet to launch 60 series models and CMA for smaller next generation 40 series vehicles. Both the new platforms are developed to use the hybrid powertrains.
With these two new platforms, Volvo has been able to outgun its rival car manufacturers such as Mercedes-Benz and BMW.
Managing Director of Volvo Auto India, Tom Von Bonsdorff stated that Volvo doesn't want the XC90 T8 to be their sole hybrid vehicle in India. The company's strategy is to bring in hybrid cars across all the models in the country.
Volvo's SPA platform features T8 twin engine hybrid system. In this system, a four-cylinder petrol engine will power the front wheels and electric motor propels the rear wheels.
It is expected that the next hybrid vehicle to be launched in India will be 90 series model and also Volvo could bring the hybrid version of the V90 Estate to India.
The smaller CMA platform features three-cylinder petrol engine hybrid system and is named as T5 series. There is a possibility of Volvo bringing this platform to India.
The most beneficial part of the CMA platform is it also support electric drivetrain and Volvo is already on its toes to develop an electric car with a range of 350km. Volvo also plans to launch its electric cars in India.
Volvo will also introduce the updated V40 models and the mean looking XC90 R-Design by the end of 2016.