# The automaker expects industry demand to recover if the ceasefire between the US and Iran holds.

*business · news · 2026-04-09 · Forbes India*

## Key points

- India became BMW's second-fastest growing market globally in Q1, up from top five previously.
- BMW's share of India's luxury EV market rose to over 70 percent in Q1 from 60 percent last year.
- One in four BMW cars sold in India is now an EV, with 1,185 delivered in Q1, up 83 percent.
- BMW plans 27 product launches in India this year, with eight more scheduled for Q2.

**Companies:** BMW
**Countries:** India, United States, Iran

[Read the full story on Forbes India](https://www.forbesindia.com/article/news/bmw-india-q1-sales-rise-17-percent-on-ev-and-entry-models/2992952/1)

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