Volvo mulling launch of BS VI cars in India before April 2020
With the government deciding to advance availability of BS-VI fuels in Delhi, the company said it is 'future ready', and could introduce the models if compatible fuel is available in Delhi NCR.
Swedish luxury carmaker Volvo is evaluating launching of BS-VI compliant models in India ahead of April 2020, when stricter emission norms will be implemented, says a top company official.
With the government deciding to advance availability of BS-VI fuels in Delhi, the company said it is 'future ready', and could introduce the models if compatible fuel is available in Delhi NCR.
"We are future ready and assessing the possibility of launching BS-VI compliant cars prior to the government?s deadline if the fuel is available in Delhi NCR before," Volvo Auto India Managing Director Charles Frump told PTI.
The company already has Euro-VI compliant vehicles globally but not introduced them in India because there is no BS-VI fuel available yet, he added.
Globally, Volvo has already announced that every model launched from 2019 will have electrification, marking the historic end of cars with only an internal combustion engine (ICE).
"We will place electrification at the core of our future business to drive environment sustainability. An entire range of hybrids and fully electric cars will be launched globally starting 2019," Frump said.
India will get an array of products that reflect this strategy, he added.
"Volvo Cars' global ambition is to have 1 million electric and electrified cars on the roads by 2025, India is destined to play an important role in making this number," Frump said.
Last month, the government decided to advance adoption of BS-VI fuel in the Capital to April 1, 2018 in order to check growing air pollution.
Three oil PSUs - IOC, Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL)- said they are ready to supply BS-VI grade petrol and diesel to the national capital from their refineries at Mathura, Bina and Bhatinda from April.
India had in 2015 decided to leapfrog to Euro-VI emission norm compliant petrol and diesel from April 2020, from the Euro-IV grade at present.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
11:00 AM IST