Volvo India eyes all-electric future as GST 2.0 lifts mild-hybrid demand - Business Standard

Swedish luxury carmaker Volvo is committed to an all-electric future, clocking one EV out of every four cars sold in India, although GST 2.0 has made its mild-hybrid SUVs even more compelling for customers, according to a senior company official. The implementation of GST 2.0 has been a significant catalyst, and it has streamlined the luxury segment by rationalising the tax structure, Volvo Car In…