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.
Tata Import Of EV JLR: Tata Motors plans to import Jaguar Land Rover luxury electric cars to India under a new government policy that lowers import taxes for companies setting up local manufacturing. Learn more about Tata s initiative and the impact on the EV market in India.
Zypp Funding: Zypp Electric seeks USD 40M funding from Tribe Capital for expansion and tech development. Revenue tripled in FY24. Launching USD 250M India fund with Shiprocket s Vishesh Khurana. Raj Snehil Juneja also joins the team.
Mercedes Benz EV Charging Stations: Mercedes-Benz in India prepares for Tesla s entry by opening EV charging stations. The company aims to boost its green line-up, expecting EV market share to increase significantly by 2030. Mercedes plans to expand its green portfolio.