Volvo Cars looks to boost electric mobility, create new segment with its upcoming EX30

When it comes to the passenger vehicle sector, luxury cars are leading the electric vehicle adoption trend. 8% of luxury vehicle sales is contributed by electrics. Volvo Cars India, which gets over 25% of its sales from EVs, looks to leverage this trend better with the launch of the EX30 “very soon”. Volvo expects to create a new sub-segment with the new model. In this interview, Jyoti Malhotra, MD, Volvo Cars India talks about the biggest hurdle (and it’s not inadequate charging infrastructure) in EV adoption,strategy to scale up Volvo’s presence in India, and more.