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This is even as the company remains steadfast on meeting the mid-term target of EVs contributing 25% to its total sales by 2027, Mercedes-Benz India chief executive Santosh Iyer told ET.
This is even as the company remains steadfast on meeting the mid-term target of EVs contributing 25% to its total sales by 2027, Mercedes-Benz India chief executive Santosh Iyer told ET.
Sales of TEVs at the local arm of the German luxury-car maker had more than doubled in the January-March quarter of this calendar year, outpacing the 17% growth in its overall volume.
Mercedes-Benz India said that sales of its high-end automobiles costing more than Rs 1 crore have increased significantly, with 68% more of these vehicles delivered in the first nine months of 2022.