Audi India Mulling Local Production of Electric Car, Aims to Double Market Share in 3-5 Years

Audi India mulling local production of electric car, aims to double market share in 3-5 years

The German automaker is also looking to leverage the proposed India-EU free trade agreement (FTA) to bring more models to India to test market demand

Audi India Eyes EV Production, Targets 16% Market Share

The Indian arm of Audi is planning to ramp up its expansion efforts by producing electric vehicles domestically. The firm aims its expansion by growing its model lineup and increasing its network of dealerships. The German luxury automaker is considering making BEVs in India as part of its plan to increase its market share from 8% to 15% to 16% in the premium car segment during the next three to five years.The business plans to achieve its aims …

Audi India Plans Locally Manufactured Electric Car, Targets 15–16% Luxury Car Market Share by 2031

Audi India is exploring local electric vehicle production as it aims to increase its luxury car market share from around 8% to 15–16% within 3–5 years. New launches, EV localisation and dealership expansion are key to its strategy.