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Why is BMW the King of the Luxury EV Segment (1)

Rising competition in the luxury EV car segment<br>BMW sold up to 46 percent EVs in the first six months of 2023<br>Captured over 50 percent market share in just 12 months<br>

Carlelo
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Why is BMW the King of the Luxury EV Segment (1)

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  1. Presented By: Car Lelo

  2. Why is BMW the King of the Luxury EV Segment? • Rising competition in the luxury EV car segment • BMW sold up to 46 percent EVs in the first six months of 2023 • Captured over 50 percent market share in just 12 months

  3. BMW: Over 50% Market Share Despite being easy on the global scene with EVs, BMW Cars was the last luxury carmaker to enter the premium EV segment in India. Launching the BMW iX at the end of 2021 and the BMW i4 in the middle of 2022 Currently, the company has 3 EVs in its portfolio - the BMW iX, BMW i4 and the BMW i7.

  4. BMW: Reasons for Success It speaks for its quality, performance, and innovative engineering, which clearly translates into the EV market. Moreover, the diverse lineup including i7, i4, and iX allows BMW to cater to different customer preferences and needs.Subsidies, tax benefits, and favourable policies have made EVs more appealing to consumers

  5. BMW: Local Production Plans BMW's dedication to the Indian market goes beyond mere vehicle offerings.BMW aims to reduce costs and contribute to the government's "Make in India" initiative.As the Indian EV market continues to evolve, BMW's journey promises to be both electrifying and inspiring Original Content Source

  6. Thank You Team CarLelo

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