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According to a media report, Volvo could discontinue the ICE version of the XC40. The company is contemplating the move since the XC40 Recharge, the all-electric version, has received a good response from the market.



Jyoti Malhotra, MD, Volvo India, stated that for most customers, the range of an EV is the fundamental factor. Customers also consider home charging the primary way of charging an EV.

That being said, the fear of the unknown is still relevant for a customer buying an EV. Malhotra expects range anxiety to go away with advancements in battery technology. Today, Volvo is close to offering a range of 400 km.

Volvo India plans to launch one car every year, and as the carmaker prepares to transition to an electric-only product fleet by 2030, the ICE-powered XC40 is likely to be phased out.

Source: ET Auto

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