business / news / / The Economic Times
BMW India is witnessing a shift in consumer behavior among its high-net-worth clients.
Geopolitical tensions in the Gulf are causing BMW India's wealthy clients to delay luxury purchases.
KEY POINTS
- BMW India sold 1,185 electric vehicles in Q1, an 83% increase from the previous year.
- Fully electric models now make up about 26% of BMW India's total sales.
- BMW India's EV sales in March significantly outpaced those of Mercedes-Benz and Tesla in India.
COMPANIES
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