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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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Introducing Citroen’s first fully electric hatchback eC3 in India

Electric Vehicles India

Citroen has unveiled India’s first all-electric hatchback, the ec3. Citroen unveils the ec3 in India, its first all-electric hatchback. An all-electric version of the C3 hatchback is already on sale in India. Citroën is also trying to boost sales by exporting the eC3 from India, but this has unfortunately been low.

India 52
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Leapmotor likely to introduce Tiago EV rival and SUV as in India | Autocar Professional

Baua Electric

Chinese EV brand Leapmotor, which has a joint venture (JV) with the Amsterdam-based Stellantis, may announce its India entry plan soon. Adding a third brand would draw more buyers to these showrooms that currently retail Jeep and Citroen models. The whole global market expansion is based on the strategic cooperation with Stellantis.

India 52
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Renault and VW may partner on low-cost BEV minicar

Baua Electric

2024 has so far served up a series of obstacles impacting EV sales, and automakers have been left scrambling. While Stellantis just launched a sub-€25,000 EV, the Citroen e-C3, with a short-range version to come at below €20,000, VW is falling behind in the race to build a cheaper BEV.

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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Chinese EV brand Leapmotor, which entered into a binding agreement to sign a joint venture (JV) with the Amsterdam-based Stellantis, concluded the deal in a short span of 7 months on Tuesday. This Leapmotor International joint venture aims to sell and manufacture Leapmotor vehicles outside China.

India 52
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Made in India electric vehicles ready to hit global markets | Autocar Professional

Baua Electric

While Tesla aims to use the manufacturing base predominantly to serve the international markets, Autocar Professional learns that about 12-18 models are under development across major car manufacturers to not only cater to the growing domestic market but also use India as a base to ship vehicles to different parts of the world.

India 52
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EV gameplan: Strategic tie-ups, fund raising, the way forward | Autocar Professional

Baua Electric

In fact, manufacturers like Hyundai Motor India and Ola are looking to list and raise money through the sale of shares. Also, alliances such as Renault-Nissan, Skoda-VW and Jeep-Citroen are splitting the huge capital outlay needed to build scale.

India 52