Volvo Car India has deferred price hikes of its EV offerings — the XC40 Recharge and the C40 Recharge — while effecting a 2 per cent price increase on its other models.

The XC40 Recharge is priced at Rs 57,90,000, while the C40 Recharge is priced at Rs 62,95,000. The updated price of the XC60 is Rs 68,90,000, the S90 Rs 68,25,000 and XC90 Rs 1,00,89,000.

“We are focused on sustainable luxury e-mobility and have committed that we will be an all-electric company by 2030. We encourage the adoption of EVs and as part of this endeavour have decided that as of now we will hold the prices of our EVs despite rising forex and input costs.

“Industry dynamics may, however, compel us to revise the EV prices at a later date,” said Jyoti Malhotra, managing director, Volvo Car India.

Volvo has till date sold 580 units of the XC40 Recharge. The electric C40 Recharge was launched in September 2023 and have sold 180 units till date.

Volvo Car India will launch one new EV model every year. Both XC40 Recharge and C40 Recharge are only sold online directly by the company. Customers can place orders online with a refundable deposit of Rs 1 lakh on the Volvo Car India website. The assembly of both the XC40 Recharge and C40 Recharge for the Indian market takes place at Volvo Car India’s manufacturing facility in Hosakote, Bangalore, Karnataka.

Jawa Yezdi

Jawa Yezdi Motorcycles launched the new Jawa 350 priced at Rs 2,14,950 (ex-showroom Delhi) on Monday.

The Jawa 350 is the first in a line of heritage motorcycles paying homage to Jawa’s racing pedigree.

“The new Jawa 350 is more than a motorcycle; it’s a legacy reborn,” says Ashish Singh Joshi, CEO of Jawa Yezdi Motorcycles. Currently, the Jawa portfolio comprises the Jawa 350, Jawa 42, Jawa 42 Bobber and Jawa Perak.