Volvo Car India to Increase Prices by Up to ₹1 Lakh from May 2026

Published on 16 Apr, 2026, 10:22 AM IST
Updated on 16 Apr, 2026, 10:22 AM IST
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Ongoing geopolitical tensions are negatively affecting Volvo’s supply chains.

Volvo Car India has announced a price recalibration across its entire portfolio, effective 1 May 2026. Prices of all models will increase by up to ₹1,00,000 owing to persistent global supply chain disruptions and foreign exchange fluctuations.

The company described the adjustment as essential to sustain its uncompromising standards of safety and luxury. It added that further revisions could become necessary if the current geopolitical and economic conditions persist.

The Swedish luxury brand currently offers a focused lineup of five models in India, blending mild hybrid petrol SUVs and pure electric vehicles.

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The entry level fully electric EX30 starts at ₹41 lakh, followed by the EX40 at approximately ₹50 lakh and the EC40 crossover at ₹59 lakh. The popular mild hybrid XC60 is priced at ₹68.90 lakh, while the flagship XC90 mild hybrid SUV commands ₹97.80 lakh ex-showroom.

Volvo Car India has been steadily expanding its electric portfolio, with battery electric vehicles already accounting for a decent chunk of its domestic sales.

The company aims to push this share beyond 30% by the end of 2026 through new model introductions.Its flagship electric flagship, the EX90, is also expected later this year.

Also read: JSW Files Patents For Chery Tiggo 7L In India — Tata Safari, Mahindra XUV 7XO Rival

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Volvo Car India to Increase Prices by Up to ₹1 Lakh from May 2026