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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.

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Lucid Gravity SUV, Fisker platforms, Saudi Arabia’s EV brand: Today’s Car News

Green Car Reports

Saudi Arabia is getting its own electric vehicle brand, with help from Foxconn and BMW. Fisker is shopping around its platforms, and the possibility of emissions credit sales. And the Lucid Air Pure will soon be fully detailed—with Gravity SUV news to boot. This and more, here at Green Car Reports.

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BMW declares ‘tipping point’ in shift from gas-powered cars to EVs as sales heat up

Baua Electric

BMW has crossed the “tipping point” as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth will come from electric vehicles. After nearly doubling (+74%) EV sales last year with over 375,000 electric models sold , BMW doesn’t see the growth slowing.

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Electric car and SUV sales jump 90% to 90,000 units in FY2024 | Autocar Professional

Baua Electric

In tandem with the handsome growth of the e-two-wheeler and e-three-wheeler segment, the electric passenger vehicle segment, which comprises cars, SUV and MPVs, has also registered record retail sales. The Ioniq 5 accounts for the bulk of the sales, which have given Hyundai a 2% market share.

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Diesel car registrations in Europe in 2017 down 7.9%; SUV sales up 19.5%; AFVs up 46% but share still low

Green Car Congress

In Europe, diesel car registrations fell by 7.9% Gasoline car registrations benefited from the decline of diesel, growing by 10.9% (+760,000 units) to a 50% market share; SUVs led growth with a record 4.56 The vast majority of market growth in 2017 was driven by SUVs, which posted a record 4.56 higher than in 2016.

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Electric car and SUV sales soar to 79,550 units in first 11 months of FY2024 | Autocar Professional

Baua Electric

The rise in sales of electric passenger vehicles is now quite apparent as in the growing number of green-number-plated cars, SUVs and MPVs seen on Indian roads. As per Vahan data as of March 3, 2024, a total of 79,443 electric cars, SUVs and MPVs (LMVs and LPVs) have been sold in the past 11 months (April 2023-February 2024).

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Alfa Romeo plans to build an EV SUV to rival BMW iX, Mercedes EQS

Teslarati

The plans will start with an electric “large saloon” car in 2027 that will be suited for both North America and Europe. Maximum range can be achieved in smaller vehicles and not necessarily in SUVs. However, the SUV it wants to build will also appeal to that market, as it is one of the most popular body styles in the U.S.