Business Standard
BMW Group India posted its highest-ever Q1 car sales with 17 per cent growth selling 4,567 cars during the quarter, driven by strong demand for luxury electric vehicles, long wheelbase models and sports activity vehicles, the German luxury car-maker said on Wednesday. The electric lead continued in Q1 with 1,185 BMW and MINI EVs sold, achieving 83 per cent growth year-on-year. Every fourth car BMW Group India sells today is an EV. The company commands the largest market share of over 70 per cent in luxury electric segment in India. The EV penetration to total sales stood at 26 per cent in Q1. BMW Group has the widest EV portfolio in the luxury segment, including six electric cars and two electric scooters: BMW i7, BMW iX, BMW i5, BMW iX1 Long Wheelbase, MINI Countryman E, MINI Countryman SE ALL4, BMW CE 04 and BMW CE 02. In Q1, long wheelbase models accounted for over 50 per cent of sales with growth of over 23 per cent year-on-year and sales of 2,256 units. Meanwhile, sports activ
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