Volvo Revolutionizes The Automotive Market: Interest-Free Installments For Electric Cars Announced In Brazil!

Volvo Has A New Initiative Aimed At Boosting The Sale Of Its Electric Cars. The Company Now Offers Interest-Free Installments.

Strengthened by its electric car sales leadership in Brazil, the Swedish automaker Volvo announces yet another initiative aimed at boosting sales in the country. The automaker is offering a condition of interest-free installments for electric cars.

XC40 and C40 Models Have Special Conditions

According to Volvo Cars Latin America’s Commercial Director for Brazil, Marcelo Kronemberger, the company’s goal is to always expand electrification. In addition to all the investment the company is making in infrastructure, there is also a leading market electrification strategy.

And to generate even more benefits for Volvo customers, this April the company will have very attractive benefits and commercial conditions to encourage more people to experience a fully electric model through interest-free installments. The Swedish automaker’s line of electric vehicles available in Brazil includes 3 models: the XC40 Recharge, available in single or dual motor variants, and the C40 Recharge, exclusively with all-wheel drive.

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Regarding the announced promotion, the XC40 Recharge Ultimate Twin (P8) Ultimate 2022 or 2023 has a suggested price of R$ 399,950.00 upfront or a down payment of R$ 199,975 (50%) plus 36 fixed installments of R$ 5,769. The C40 P8 Ultimate model has a suggested price of R$ 429,950 upfront or a down payment of R$ 214,975 (50%) plus fixed installments of R$ 6,199.

The condition for the XC40 Recharge Plus Single is 24 fixed installments and 60%, also with zero interest. Regarding the XC40 P6 Recharge, the price is R$ 329,950 upfront or a down payment of R$ 197,970 (60%) plus 24 fixed installments of R$ 5,719.

Volvo’s Charging Infrastructure Plan

In addition to the interest-free installments for electric cars, the company recently began the second phase of expanding Volvo charging stations in other states in Brazil. Brazil is still making progress regarding infrastructure for electric vehicle charging; however, there is no denying that the charging network is growing over the years, as is the increase in electric car sales in the Brazilian market.

The company provided some data in March that shows the current scenario, where there are 1000 AC charging stations in urban convenience locations in Brazil, such as supermarkets, dealerships, shopping malls, among others.

The infrastructure of Volvo itself includes over 43 DC chargers at the company’s dealerships, along with another 13 DC charging points located on highways in Cajati (SP), São Sebastião (SP), Botucatu (SP), São Carlos (SP), Oliveira (MG), Pouso Alegre (MG), Ubatuba (SP), Taubaté (SP), Cubatão (SP), Jacareí (SP), Leme (SP).

Volvo Charging Stations Can Offer 150 kWh

In this second phase, Volvo’s electric car stations are expanding to other states outside the São Paulo – Minas axis. Thus, charging points are planned in the cities of Angra dos Reis, Paraty, and Cabo Frio (RJ), Imbaú (PR), São José and Balneário Camboriú (SC), Campo Alegre de Goiás and Anápolis (GO), in addition to Nova Mutum and Rondonópolis (MT).

Although it has not been revealed, it is quite likely that all these Volvo charging stations are fast chargers of 150 kWh, like the other 13 stations announced in the previous phase of expansion. These are 150 kWh chargers that can charge up to 80% of a Volvo XC40’s battery in 40 minutes.