Luxury car giants make big plans for electric vehicles - News Summed Up

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Luxury car giants make big plans for electric vehicles


CHENNAI: Luxury car brands are lining up electric vehicle plans for Indian roads even as hybrids get slapped with a high tax burden. Volvo Cars , for instance, is planning to roll out its global electric launch, due in 2019, in India as well. In future, all pure battery-powered vehicles from Mercedes-Benz will be included in the new brand for electric mobility `EQ',“ said Roland Folger, MD & CEO, Mercedes-Benz India. The company's green drive strategy is a combination of efficient combustion engines, plug-in hybrids and electric vehicles with battery or fuel cell drive.Audi, too, is planning its electric future -both in India and globally . Meanwhile, BMW has already launched i8, though its global all-electric car i3 has not yet been launched here.


Source: Economic Times July 04, 2017 02:48 UTC



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