BMW's Indian Adventure: A Trailblazing Plan for Local EV Production
German luxury automaker BMW has revealed plans to embrace this transformation within India, a key emerging market.
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The growing popularity of its electric line-up in the subcontinent has inspired the Munich-based automotive giant to commence local production of its EVs.
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BMW's Indian leadership forecasts this to soar to a remarkable 25% by 2025.
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As EV demand swells, BMW would be initiating the localisation and production of these vehicles.
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Additionally, the company has been leading the charge in EV technology development since 2013, currently perfecting its fifth-generation batteries.
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Pawah speculates that EVs could soon account for around 15% of the company's sales next year, potentially shooting up to 20-25% by 2025.
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As the company plans to launch more EVs from its global lineup in India, the percentage of EVs in total sales is anticipated to escalate further.
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BMW's decision to localize production of its EVs is a testimony to the company’s confidence in India's market and its transition towards green mobility.
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