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Porsche optimistic about growth prospects in Indian market, Auto News, ET Auto

German luxury carmaker Porsche is bullish about growth prospects in the Indian market given the strong momentum and the local government’s willingness to invest in development of sustainable technologies and infrastructure.

porsche: Amid declining luxury car market, Porsche unveils electrifying future plans for India

India s luxury car market has seen a surge in sales, with a 38% increase in June. Porsche is taking advantage of this trend by planning multiple electrified versions of SUVs and sports cars, as well as the introduction of a new SUV. The brand aims to achieve net carbon neutrality by 2030 and expects 80% of its sales to come from battery electric vehicles by then. Porsche is also considering tailoring cars specifically for the Indian market and increasing its car allocation in the country due to growing demand. However, there are no plans for car production in India at the moment.

Porsche to partner Sime Darby for first assembly plant outside Europe

KUALA LUMPUR: Sime Darby Bhd will partner Porsche AG to assemble sports cars for the Malaysian market only and production is scheduled to start in 2022.

Sime Darby, Porsche deepen relationship with 1st assembly plant outside of Europe

Sime Darby, Porsche deepen relationship with 1st assembly plant outside of Europe
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