Rising demand for premium passenger vehicles is leading automakers to focus on this segment with new offerings, particularly in the electric vehicle space. Sales of utility vehicles priced at ₹30 lakh to ₹60 lakh have grown by 12% in the first nine months of FY25, and companies like Mercedes-Benz and BMW are leveraging tax benefits to make EVs more affordable.
from Auto-Industry-Economic Times https://ift.tt/KynzfEl
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