Close Menu
  • World
  • Business
  • Auto
  • Sports
  • Entertainment
  • National
  • Career
  • Utility
  • Lifestyle
  • Tech
What's Hot

Voting on 21 October in Bihar, results on 24 November! Election Commission told the news fake, this appeal of this appeal

July 3, 2025

Minister Kirodilal Meena's Sirohi tour, 3 biodiesel -making factory raided in the district, revenue loss of crores exposed

July 3, 2025

When and how did Bharti Singh start a career? Learn everything about them

July 2, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter)
News NCRNews NCR
Subscribe
  • World
  • Business
  • Auto
  • Sports
  • Entertainment
  • National
  • Career
  • Utility
  • Lifestyle
  • Tech
News NCRNews NCR
These vehicles became the choice of rich people, luxury car companies also surprised
Auto

These vehicles became the choice of rich people, luxury car companies also surprised

shehnazBy shehnazJune 29, 2025Updated:July 1, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit
These vehicles became the choice of rich people, luxury car companies also surprised
Share
Facebook Twitter LinkedIn Pinterest Email

Image Credit Source: Photo Source: Byd

The demand for luxury electric cars in India is increasing. Now the rich people of the country are liking more clean energy-powered electric cars than petrol and diesel vehicles. According to Vahan portal data, where EV was 7% in luxury cars from January to May 2024, it increased to 11% in the same period in 2025. That is, EV luxury segment gained 66% in just one year.

The demand for EV has also increased considerably in the sale of old luxury cars. About 19% of the old luxury cars sold so far in 2025 are electric cars, while the same figure was less than 5% last year. New electric cars of companies like Mercedes-Benz, BMW and Audi are a big reason behind this.

This is how sales increased

Between January-May 2024, Lagji EV sales was 1,223 units, which increased to 2,027 units in 2025. The total sales of luxury cars in the entire 2024 were around 51,000 units, which was 48,000 units in 2023. The number is expected to reach 60,000 in 2025. So far in 2025, the luxury car market has increased by 5%, while the EV segment has increased a tremendous growth of 66%.

So increased demand

Santosh Iyer, CEO of Mercedes Benz India, said in an interview, “I have been running EV for the last two years and I do not feel any shortage of petrol-diesel car.” He said that between January and May 2025, the luxury EV segment has increased by 66%, and the sales of Mercedes-Benz increased by 73%. According to him, the government is getting tax and road tax exemption, due to which EV prices have been reduced to petrol and diesel cars or slightly reduced. This is the reason why people are now preferring to buy EV.

New factories and launching will increase demand

Jaguar Land Rover will start its largest foreign factory in Ranipet in Tamil Nadu by the beginning of 2026, which will have an annual production capacity of 30,000 units. At the same time, Tesla is also preparing for entry in India. This will further strengthen the luxury EV segment.

Source: www.tv9hindi.com

: Language Inputs

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
shehnaz

Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

Related Posts

This company again got a shock, people ran away from cheap cars, vehicles remained standing

July 2, 2025

Why money is trapped in petrol model, this Dhansu electric scooter came in 1 lakh

July 2, 2025

Cars of this company failure, now more than 4 lakh vehicles will be back

July 2, 2025
Our Picks

When and how did Bharti Singh start a career? Learn everything about them

July 2, 2025

Amitabh Bachchan's 'Sarkar', which came 20 years ago, was a copy of which film? Had earned a lot of earning

July 2, 2025

What did Sunil Shetty say on the return of Babu Bhaiya in 'Hera Pheri 3 hidden from the family?

July 2, 2025

Salman Khan's family behaves with home servants, will surprise the truth

July 2, 2025
Don't Miss
Politics

Voting on 21 October in Bihar, results on 24 November! Election Commission told the news fake, this appeal of this appeal

By EditorialJuly 3, 20250

Assembly elections are to be held in Bihar this year. Several misleading news is being…

National

Minister Kirodilal Meena's Sirohi tour, 3 biodiesel -making factory raided in the district, revenue loss of crores exposed

By EditorialJuly 3, 20250

Kirodilal Meena Rajasthan Agriculture Minister Kirori Lal Meena was on Wednesday (2 July) visit Sirohi.…

Entertainment

When and how did Bharti Singh start a career? Learn everything about them

By EditorialJuly 2, 20250

Bharti Singh Birthday Special There are many comedian mail in Bollywood, in which you can…

Entertainment

Amitabh Bachchan's 'Sarkar', which came 20 years ago, was a copy of which film? Had earned a lot of earning

By EditorialJuly 2, 20250

Amitabh Bachchan's film Bollywood superstar Amitabh Bachchan has crossed 80 years old and is still…

About Us
About Us

NCR News: Read the Latest News, Viral News, Local News, India news, Health news, finance news, business news, technology and auto news.

We're accepting new partnerships right now.

Email Us: admin@newsncr.com

Our Picks

Voting on 21 October in Bihar, results on 24 November! Election Commission told the news fake, this appeal of this appeal

July 3, 2025

Minister Kirodilal Meena's Sirohi tour, 3 biodiesel -making factory raided in the district, revenue loss of crores exposed

July 3, 2025

When and how did Bharti Singh start a career? Learn everything about them

July 2, 2025
Must Read

Shefali Jariwala dies, why are heart attacks coming at a young age?

June 28, 2025

Rishabh Pant got very good news just before Edgbaston Test, without playing

July 2, 2025

AI could have caused another accident, 38 hours after 171 crash, the aircraft had come down 900 feet

July 1, 2025
Facebook X (Twitter) Instagram Pinterest
  • About us
  • Contact
  • Privacy Policy
  • Disclaimer

MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS CONTACT US ON THIS EMAIL: INFO@MASHABLEPARTNERS.COM


© 2025 News NCR. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.