Luxury car buyers in India are increasingly opting for fully electric models, prompting manufacturers to expand their EV portfolios. Mercedes-Benz and BMW have reported strong demand and growing sales for their electric vehicles. Lower GST rates and tax exemptions on EVs are making them more attractive compared to internal combustion engine models. Luxury car buyers in India are increasingly opting for fully electric models, prompting manufacturers to expand their EV portfolios. Mercedes-Benz and BMW have reported strong demand and growing sales for their electric vehicles. Lower GST rates and tax exemptions on EVs are making them more attractive compared to internal combustion engine models.
