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Volkswagen aims to launch 30 EVs in China in next 6 years as shift to green motoring erodes German giant's market share

The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market. ....

China Passenger Car Association , Moody Investors Service , China Passenger Car , Investors Service , Horizon Robotics , Gotion High Tech , Volkswagen China , Development Time , Cut Costs , New Model Launches , Market Share , Local Partners ,

Luxury car sales in India to grow 25-30 percent in 2021, says BMW India's President


Luxury car sales in India to grow 25-30 percent in 2021, says BMW India s President
Synopsis
BMW Group India President Vikram Pawah told ET while he expects the industry to grow 25-30% in 2021, his company should outperform the market given that it is in the midst of its biggest ever product offensive with 25 new vehicles scheduled for launch during the year.
NEW DELHI | MUMBAI: Luxury car sales in the local market is expected to grow in strong double-digits, albeit on a low base, in the ongoing calendar year on back of new model launches, increased consumer preference for personal mobility solutions and recovery in the broader economy. ....

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