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India’s Luxury Car Market Leads EV Adoption, Outpacing Mass Segment: Mercedes-Benz India

India’s Luxury Car Market Leads EV Adoption, Outpacing Mass Segment: Mercedes-Benz India

Darshan Nakhwa and Ketan Thakkar     calendar10 Apr 2025

Of the 51,000 luxury cars sold in the last financial year at an industry level, nearly 4,500 units were EVs. In comparison, while EV penetration in the mass-market passenger vehicle segment is growing, it still lags behind.

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Tunwal E-Motors Partners With Bajaj Finance for Customer Loans News
Tunwal E-Motors Partners With Bajaj Finance for Customer Loans

autherAngitha Suresh calendar10 Apr 2025

The strategic collaboration enables customers to access financing solutions at Tunwal dealerships nationwide, potentia...

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Audi India Expands Electric Charging Network to Over 6,500 Points Nationwide News
Audi India Expands Electric Charging Network to Over 6,500 Points Nationwide

autherShruti Shiraguppi calendar10 Apr 2025

Luxury automaker enhances infrastructure with DC fast-charging technology covering 28 states and 850+ cities.

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Oben Electric Expands Retail Network Across India News
Oben Electric Expands Retail Network Across India

autherShruti Shiraguppi calendar10 Apr 2025

The company has launched 15 new showrooms, growing its presence to 35 locations, with plans to reach 100 by FY26.

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Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers Analysis Sales
Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

By Ajit Dalvi calendar10 Apr 2025

The all-electric XEV 9e and BE 6 accounted for 5% of Mahindra & Mahindra’s wholesales of 149,127 SUVs in January-March...

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Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors News
Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

autherAngitha Suresh calendar09 Apr 2025

The Rs. 14.22 crore acquisition marks Remsons' entry into the growing electric vehicle market, targeting the expanding...

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Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation News
Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation

autherArunima Pal calendar09 Apr 2025

The company will supply and maintain 297 electric buses in a deal valued at approximately ₹424.01 crores.

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Kazam and Yuma Partner to Integrate Battery Swapping at EV Charging Hubs News
Kazam and Yuma Partner to Integrate Battery Swapping at EV Charging Hubs

autherAngitha Suresh calendar09 Apr 2025

The strategic collaboration aims to reduce charging downtime for commercial EV drivers, offering battery replacement i...

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Ampere Launches Budget-Friendly Reo 80 Electric Scooter at ₹59,900 News
Ampere Launches Budget-Friendly Reo 80 Electric Scooter at ₹59,900

autherAngitha Suresh calendar09 Apr 2025

India's electric mobility sector expands as Greaves subsidiary introduces affordable low-speed scooter with safety fea...

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Ola takes early lead in April, sells 4,294 electric two-wheelers in Week 1 Analysis Sales
Ola takes early lead in April, sells 4,294 electric two-wheelers in Week 1

By Ajit Dalvi calendar09 Apr 2025

Ola Electric takes a 21% share of the 20,201 electric two-wheelers sold in India between April 1 and 7. While TVS Moto...

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POLL OF THE MONTH

Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

31.58%

No

 

23.68%

Only in Premium Segment

 

44.74%

Total Votes : 380