business / news / / Forbes India
The automaker expects industry demand to recover if the ceasefire between the US and Iran holds.
India became BMW's second-fastest growing market globally in Q1, up from top five previously.
KEY POINTS
- 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
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