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Tesla's India entry may not disrupt PV market in near term
July 17, 2025
|The New Indian Express Hubballi
Tesla's entry into the Indian market is unlikely to disrupt the existing electric passenger vehicle (PV) segment in the near term, but the US automaker has strong potential to emerge as a key player in the coming years.
"While the premium EV segment remains niche, it is growing rapidly, driven by India's rising millionaire population and their appetite for high-tech vehicles," said Puneet Gupta, director of India & ASEAN auto market at S&P Global Mobility.
Industry data shows luxury EV sales surged 66% year-on-year between January and May 2025. These vehicles account for 11% of total luxury car sales, up from 7% in the same period last year.
هذه القصة من طبعة July 17, 2025 من The New Indian Express Hubballi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Hubballi
The New Indian Express Hubballi
Leh DM to SC: Wangchuk engaged in activities prejudicial to na’tl security
SC allows UPSC answer key petitions
1 min
October 15, 2025
The New Indian Express Hubballi
Global oil supply set for significant growth over next two years, says IEA
THE world’s oil supply is on track for substantial growth over the next two years, with an increase of 3 million barrels per day (mb/d) expected in 2025 and a 2.4 mb/d in 2026, as per a report from the International Energy Agency (IEA).
1 mins
October 15, 2025
The New Indian Express Hubballi
EC cracks whip on uncertified political ads ahead of polls
WITH the Bihar Assembly elections and by-elections in eight constituencies across seven States and Union Territories on the cards, the Election Commission of India (ECI) has tightened oversight on political advertising, especially on electronic and social media.
1 min
October 15, 2025
The New Indian Express Hubballi
IMF revises upwards India’s GDP growth forecast to 6.6% for FY26
THE International Monetary Fund (IMF) on Tuesday revised upwards India’s gross domestic product (GDP) growth forecast for the current financial year to 6.6% as against its earlier estimate of 6.4%.
1 min
October 15, 2025
The New Indian Express Hubballi
Cong looking for 60-plus seats, deadlock over 3: Tariq
WITH barely 48 hours remaining for the first phase of nominations in the Bihar Assembly elections, Congress on Tuesday said that the Mahagathbandhan (Grand Alliance) may finalise the seat-sharing formula on Wednesday, and it will make a formal announcement soon.
2 mins
October 15, 2025
The New Indian Express Hubballi
Modi to address over 10 Bihar rallies as NDA gears up for triangular contest
WITH the Bihar Assembly elections poised to turn into a triangular battle, owing to the entry of Prashant Kishor’s newly launched Jan Suraaj Party, the ruling National Democratic Alliance (NDA) is ramping up its campaign plans.
1 mins
October 15, 2025
The New Indian Express Hubballi
Rejuvenation of cities top priority, says Yogi
CHIEF Minister Yogi Adityanath announced plans on Tuesday for a comprehensive Urban Redevelopment Policy aimed at the holistic rejuvenation of cities across Uttar Pradesh.
1 min
October 15, 2025
The New Indian Express Hubballi
Top Maoist leader carrying bounty of ₹10 cr surrenders with 60 cadres
Maoists strangle BJP worker to death in Chhattisgarh district
1 mins
October 15, 2025
The New Indian Express Hubballi
Sri Lanka, New Zealand split points
SRI LANKA and New Zealand shared points as their Women’s World Cup match was abandoned due to persistent rain after strong batting performance by the hosts here on Tuesday.
1 min
October 15, 2025
The New Indian Express Hubballi
Tanvi storms into next round, Unnati advances
WITH the individual events for Eye-Level Cups at the ongoing BWF World Junior Championships still at its nascent stage, there was high activity at the playing arena of the National Centre of Excellence in Amin-gaon, here on Tuesday.
1 min
October 15, 2025
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