Luxury cars to lead EV push in India

Govt. of India has initiated a new rule that allows each car manufacturer to import 2,500 vehicles a year without the need for homologation. Automakers spend Rs 2-4 crore to launch a model in the Indian market after local certification.
As per the new rule, certification of the vehicles done at their country of origin would be enough to sell here resulting in potential saving of up to Rs. 100 cr and cutting down the waiting period of new launch by few months.

By 2020, many models from global players would hit the India road.
Major players launching zero-emission, pure electric cars and SUVs are Porsche Taycan, Mercedes-Benz EQC, BMW ‘I’ brand, Audi E Tron, Jaguar IPace and the Nissan Leaf. Also in the queue are a dozen hybrid vehicles, which have a 25-50% lower carbon footprint compared with conventional vehicles.
Globally, Mercedes-Benz will be introducing more than 10 battery-powered vehicles in the next 3 to 4 years, whereas rival Audi has committed to bring in a dozen EVs by 2025. The revised policy in India will ensure a majority of these high-tech cars make their way into India very close to the global launch.

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