<p>Volvo Car India on Tuesday launched its pure electric SUV XC40 Recharge in the country tagged at Rs 55.9 lakh (ex-showroom).</p>.<p>The model is the first locally assembled luxury electric vehicle in India.</p>.<p>"The launch of the XC40 Recharge and its assembly at our Bangalore plant further reinforces Volvo Car’s long-term vision and commitment to India and the Indian consumer," Volvo Car India Managing Director Jyoti Malhotra said in a statement.</p>.<p><strong>Also Read—I<a href="http://www.deccanherald.com/business/indias-biggest-spectrum-auction-begins-5g-airwaves-worth-rs-43-lakh-cr-on-offer-1130170.html" target="_blank">ndia's biggest spectrum auction begins, 5G airwaves worth Rs 4.3 lakh cr on offer</a></strong></p>.<p>The model comes with a range of over 400 km on a single charge, he added.</p>.<p>XC40 Recharge will only be sold online directly by the Swedish carmaker.</p>.<p>Customers can place orders by making a payment of Rs 50,000 online directly on Volvo Car India website from July 27.</p>.<p><strong>Also Read—<a href="http://www.deccanherald.com/business/unilever-ups-guidance-after-81-underlying-sales-rise-beats-forecasts-1130192.html" target="_blank">Unilever ups guidance after 8.1% underlying sales rise beats forecasts</a></strong></p>.<p>The model generates 408 hp of power and comes with various safety features.</p>.<p>Volvo entered India in 2007 and currently has 22 dealerships across the country.</p>
<p>Volvo Car India on Tuesday launched its pure electric SUV XC40 Recharge in the country tagged at Rs 55.9 lakh (ex-showroom).</p>.<p>The model is the first locally assembled luxury electric vehicle in India.</p>.<p>"The launch of the XC40 Recharge and its assembly at our Bangalore plant further reinforces Volvo Car’s long-term vision and commitment to India and the Indian consumer," Volvo Car India Managing Director Jyoti Malhotra said in a statement.</p>.<p><strong>Also Read—I<a href="http://www.deccanherald.com/business/indias-biggest-spectrum-auction-begins-5g-airwaves-worth-rs-43-lakh-cr-on-offer-1130170.html" target="_blank">ndia's biggest spectrum auction begins, 5G airwaves worth Rs 4.3 lakh cr on offer</a></strong></p>.<p>The model comes with a range of over 400 km on a single charge, he added.</p>.<p>XC40 Recharge will only be sold online directly by the Swedish carmaker.</p>.<p>Customers can place orders by making a payment of Rs 50,000 online directly on Volvo Car India website from July 27.</p>.<p><strong>Also Read—<a href="http://www.deccanherald.com/business/unilever-ups-guidance-after-81-underlying-sales-rise-beats-forecasts-1130192.html" target="_blank">Unilever ups guidance after 8.1% underlying sales rise beats forecasts</a></strong></p>.<p>The model generates 408 hp of power and comes with various safety features.</p>.<p>Volvo entered India in 2007 and currently has 22 dealerships across the country.</p>