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Luxury Electric Cars: Luxury in electric cars means range and (much) more, ET Auto

Luxury Electric Cars: While the next-generation Roadster with record-setting acceleration, range and performance might offer a glimpse into the future, US-based Tesla, Vietnam’s Vinfast, China’s BYD and many other global luxury car makers may bet on premium feature-led electric models for the Indian market.

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Luxury market in India rides the new wave of affluent buyers

2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain s estimates.

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Luxury in electric cars means range and (much) more

While the next-generation Roadster with record-setting acceleration, range and performance might offer a glimpse into the future, US-based Tesla, Vietnams Vinfast, Chinas BYD and many other global luxury car makers may bet on premium feature-led electric models for the Indian market.

Vikram pawahElon muskRavi bhatiaSantosh iyerVasudha madhavanTesla roadsterJato dynamicsHurun global rich listOstara advisorsMercedes benz indiaVietnams vinfast

Luxury Market India: Luxury market in India rides the new wave of affluent buyers, ET Retail

Luxury Market India: 2023 was a record year for India’s luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain s estimates.

France generalUttar pradeshAndhra pradeshPayals kanwarRam darbarRahul mishraMorgenthal fredericsKriti guptaTata cliLouis vuittonNeeraj waliaTaj krishnaAnurag mathurEstee lauderPushpa bectorNikhil lamba

India s rich list: Gargantuan numbers reveal the real story

India s rich list: Gargantuan numbers reveal the real story
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