BMW aims to expand in India's emerging electric car market and target rich consumers in the country. The automaker expects electric vehicles to represent 25% of its sales in India by 2025. Currently, BMW sells five electrified models in India, the most among all carmakers. Despite the small size of India's EV market and price-conscious consumers' reluctance to buy expensive battery-powered cars without subsidies, global carmakers are increasingly interested in the Indian market due to slowing demand in Europe and the US. Volkswagen and Tesla are also eyeing expansion in India.
from Auto-Industry-Economic Times https://ift.tt/K3JP6qa
Subscribe to:
Post Comments (Atom)
Xiaomi 15 Pro Specifications Leaked Alongside Images Hinting at Three Colourways
Xiaomi 15 Pro specifications and images have been leaked online, giving us a good look at its rear panel and possible colour options. The up...
-
Samsung Galaxy S25 series, the next flagship phones from the South Korean tech brand is expected to be unveiled early next year. Samsung is ...
-
Carmakers and dealers are grappling with inventory levels amid slowing demand in India. The Federation of Automobile Dealers Associations (F...
-
Death Stranding Director’s Cut is now out on the App Store on iPhone, iPad and Mac computers. The surreal package delivery game from Kojima ...
No comments:
Post a Comment