Swedish luxury car maker Volvo Cars will start producing plug-in hybrid model, XC90 Excellence, locally in India from next year as part of plans to sell one million electrified cars globally by 2025.
The funds will go into setting up a new manufacturing line, a product development centre and localisation of the MQB A0 platform, which will spawn a range of cars starting with a compact SUV.
S Muralishankar said here. Stating that the ‘internal combustion engines’ in automobiles have approximately 2,000 moving parts as compared to only 20 parts in electric vehicles, he said, “electric vehicles do not have engine and transmission parts completely.”
Audi Q5 has launched its two variants Technology and Premium Plus worth Rs 55.27 lakh and 59.79 lakh cost and has officially went on sale in India.