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EVs are emerging as the new choice for long-distance travel: BMW's Hardeep Singh Brar
Electric vehicles are increasingly replacing diesel for longer journeys in India. BMW India reports a significant rise in electric vehicle sales, now comprising 26 percent. The company anticipates electric vehicle sales to reach forty percent by the year 2030. This transition is driven by fuel price increases and improved EV range. BMW plans to offer electric options across its entire vehicle portfolio soon.
BMW rolls out MINI Countryman C locally with introductory price of Rs 47.5 lakh
BMW Group India has launched the locally assembled petrol-powered MINI Countryman C at an introductory price of Rs 47.50 lakh. This move to local manufacturing makes the premium crossover more competitive. The new variant features a 1.5-litre turbocharged petrol engine and is built on the UKL2 platform.
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delays
Electric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months for popular models. This shift is driven by increased fuel prices. Companies like Maruti, Mercedes-Benz, and BMW are experiencing unprecedented interest in their electric vehicles. Supply chain issues are now limiting production more than customer interest.
BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1
BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This change affects both locally produced and imported models. The company cited macroeconomic factors like rupee depreciation and rising logistics costs for the adjustment. This move aims to maintain premium standards.
Tesla repositions Model Y in India to take on BMW, Mercedes EVs
Tesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move follows a slow market entry, with rising fuel costs now potentially boosting EV adoption. The new Model Y Premium RWD is priced significantly lower, broadening Tesla's appeal to a wider range of premium car buyers.
VinFast hires seasoned auto executives to accelerate India expansion
The Vietnamese EV maker has recruited more than half a dozen senior leaders and executives with prior stints at firms such as Hyundai Motor Company, Honda Motor Co., Nissan Motor Co., Renault, BMW, and MG Motor over the past eight months.