Mercedes-Benz excels in India s luxury EV market, outselling BMW. Plans to launch new EVs this year. Dominates luxury car market. Confident in continued growth despite competition. Strong SUV demand. Limited impact expected from Tesla s entry.
India s EV policy invites Tesla with reduced customs duty, sparking competition with Tata Motors. BYD eyes 90% market share. Mahindra s XUV400 competes. Xiaomi s SU7 threatens Indian EV players, priced competitively at INR 25 lakh.
India is one of the fastest-growing electric vehicle markets in India; here we explain the factors that contributed to the surge in the sales of these vehicles.
With luxury EV sales rising in India, here is a list of the most expensive EVs in the market including Mercedes-Benz EQS, BMW i7 and i4, Audi e-tron GT, Jaguar I-Pace and more.
Ev Production: Contract manufacturing in the Indian EV sector will thrive in the months to come, if with some foresight on efficient manufacturing strategies and management of supply chain challenges.