Diesel vehicle sales in the luxury segment have plummeted, while electric vehicle adoption by the wealthy has surged. Diesel's share of luxury vehicle sales dropped to 35% in 2020 from 80% in 2018, as electric vehicles accounted for 6% of the market. Affluent buyers, who can install charging points at home or work, are driving demand for luxury EVs. Car makers like BMW, Audi, and Mercedes are surprised by the strong demand for EVs in a country with limited charging infrastructure. As diesel sales decline, luxury carmakers are focusing on petrol and electric vehicles.
from Auto-Industry-Economic Times https://ift.tt/cNamnI8
Subscribe to:
Post Comments (Atom)
Car sales lose pace in June, SUVs stay in front
Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent...
-
The Maruti 800 wasn't just a car, it was a revolution. Here are 6 Indian cars from the past that changed India's future from Auto-...
-
iQoo 12 Anniversary Edition is set to launch in India to celebrate iQoo's four-year anniversary in the country. The company has now anno...
-
Vivo X100 series is set to launch in China on November 13. Like the preceding lineups, the Vivo X100 is also said to arrive with three model...
No comments:
Post a Comment