Remove Auto Remove Global Remove India Remove Porsche
article thumbnail

Luxury car & SUV sales in India rise 20% to 45,000+ units in FY24 | Autocar Professional

Baua Electric

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up 20.5 Notably, the GLE was the best-selling luxury SUV in India last fiscal.

India 52
article thumbnail

Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. The team in India includes Sami Jain, who previously worked for Porsche on the legacy automaker’s electrification effort. It also included David Feinstein, who has been with Tesla for years and works with global and international businesses.

Asia 98
article thumbnail

Audi expects 50% luxury cars in India by 2028 to be EVs, keen on localisation | Autocar Professional

Baua Electric

Andre Konsbruck, Vice President of Sales Overseas at Audi AG believes that more than 50 percent of luxury cars sold in India by 2028 will be electric vehicles and hence the German carmaker is very actively looking at localising electric vehicles in the country. We need to have a basket of cars available globally to choose from.

India 52
article thumbnail

Naxnova acquires Austria based Advanced Thermal Technologies – ET Auto

Baua Electric

New Delhi: Naxnova , a global leader in surface augmentation and technology solutions , formerly known as Classic Stripes, announced the successful acquisition of Advanced Thermal Technologies ( ATT ), a pioneer in thermal management solutions based in Austria, today.

Austria 52
article thumbnail

A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

article thumbnail

Events and shows related to electric vehicles in 2023 around the world

Electric Vehicles India

The venue is near the headquarters of Mercedes-Benz, Porsche, Bosch, and Mahle. 8) The Battery Show (4-6 October 2023, New Delhi, India) The event will take place over two days. 2) The Battery Show (23-25 May, Stuttgart, Germany) The event will take place over two days. It is the largest automobile exhibition in Japan.

article thumbnail

Volkswagen ID 3 GTX performance hatch unveiled | Autocar Professional

Baua Electric

For India, Volkswagen will bring the ID 4 crossover in the near future , and the brand is also working on affordable EVs for our market.

Porsche 52