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Bmw expects EV sales to account for over 10% of total car sales in India by next year

German luxury carmaker BMW expects electric vehicle sales to account for more than 10% of its total car sales in India by next year as it accelerates its electrification journey in the country, a senior company official said Thursday.

The company, which launched its all-electric i4 sedan in India at an introductory price of Rs 69.9 lakh, is confident that with the “broadest electric vehicle portfolio”, it will lead the “charge of electromobility ” in India.

In November last year, the company announced plans to launch three electric vehicles in six months in India. It has already launched its tech-flagship all-electric iX SUV and its all-electric MINI SE luxury sedan.

“When we launched these two products, the iX and the Mini SE (electric), we see a rough demand of around 5%, which is really healthy…and with the launch of the i4, I think that by next year, electric demand would account for more than 10% of our volumes,” said Vikram Pawah, President and CEO of BMW Group India.

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(Edited by : Anand Singha)

First post: STI

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