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flag Volvo India boosts sales with tax cuts, plans aggressive EV expansion in 2026 despite possible price hikes.

flag Volvo Car India remains committed to an all-electric future, with one EV sold for every four cars, driven by the EX30 launch and supply chain adjustments. flag The 2025 implementation of GST 2.0 lowered taxes on smaller luxury vehicles to 18% from 28% plus cess, boosting sales of mild-hybrid models like the XC90 and XC60, which saw double-digit monthly growth. flag Despite a continued 5% GST on EVs to support electrification, the tax reduction has enhanced the value of ICE and mild-hybrid vehicles, especially during the festive season. flag Volvo plans a more aggressive EV rollout in 2026, though potential price increases may occur due to foreign exchange volatility and market dynamics.

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