BMW unveils the i5 M60 xDrive, a high-performance electric sedan featuring advanced design, cutting-edge technology, and impressive range for luxury car enthusiasts
Luxury electric car sales surge in India, driven by young buyers. Uncertainties loom over market impact of new policies and Tesla s entry. Car manufacturers plan expansions to cater to evolving consumer demands and preferences.
Luxury EV Car Sales: Luxury electric vehicles sales in India are on the rise, with market leaders like Mercedes Benz, BMW, and Audi introducing new electric models to cater to the growing demand. The adoption rate of EVs in the luxury segment is expected to triple by 2030.
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Nearly one in two luxury cars sold in India in the first three months of 2024 was a Mercedes Benz, which achieved its best ever quarter (January-March), selling 5,412 units, up 15 per cent year-on-year (Y-o-Y) from 4,697 units in the previous year.