business / news / / The Financial Express
BMW India had a successful first quarter, with a 17% increase in sales due to the popularity of electric vehicles.
BMW India's Q1 sales rose 17%, driven by electric vehicles making up 26% of sales.
KEY POINTS
- Government incentives and lower taxes significantly contributed to BMW India's EV sales growth.
- SUVs remain BMW India's top-selling category, with 25% of cars priced over Rs 1 crore.
- This marks a notable shift in BMW India's sales mix towards higher-priced and electric vehicles.
COMPANIES
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