India’s Tryst With Super-luxury EVs

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This story belongs to the issue:
June 2023
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This story belongs to the Fortune India Magazine June 2023 issue.

As customers choose sustainability over price, makers of luxury cars begin offering electric vehicles.

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India’s Tryst With Super-luxury EVs
Ferrari 296 GTB 

THE HIGH-END CAR MARKET IN INDIA, which saw Audi, Merc and BMW sell 31,277 units in 2022, is expected to grow exponentially in the next five years. Carmakers, from Lexus to Ferrari, have moved into the hybrid or electric zone, in a clear indication of what the future holds.

Audi e-tron 55
Audi e-tron 55