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2024
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Luxe car buyers queue up for EVs, prompting cos to line up models

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Luxury car buyers in India are adopting fully electric models faster than mass market consumers, prompting manufacturers to expand their EV portfolios. Mercedes-Benz and BMW have seen significant growth in their EV sales, with models like the EQG and i7 leading the charge. Lower GST and road tax exemptions on EVs have also contributed to this trend.