{"id":516660,"date":"2022-08-25T09:35:07","date_gmt":"2022-08-25T04:05:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=516660"},"modified":"2022-08-25T10:09:53","modified_gmt":"2022-08-25T04:39:53","slug":"mercedes-set-to-lead-indias-luxury-ev-market-as-tesla-stays-out","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mercedes-set-to-lead-indias-luxury-ev-market-as-tesla-stays-out\/","title":{"rendered":"Mercedes set to lead India&#8217;s luxury EV market as Tesla stays out"},"content":{"rendered":"<p>NEW DELHI (Reuters) &#8211; German carmaker Mercedes-Benz plans to take pole position in India&#8217;s luxury electric vehicle market, its country head told Reuters, helping cement its title as the top-selling luxury car brand and keep ahead of rival Tesla.<\/p>\n<p>In India, Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast-charging network nationwide, Martin Schwenk said in an interview. The company might also manufacture batteries domestically in the future, he said.<\/p>\n<p>&#8220;Now, we are really starting our aggressive offensive into the EV market. In the next five years, 25% of our sales (in India) will be electric,&#8221; Schwenk said. &#8220;Our ambition is to lead the market in the electric side as well.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI (Reuters) &#8211; German carmaker Mercedes-Benz plans to take pole position in India&#8217;s luxury electric vehicle market, its country head told Reuters, helping cement its title as the top-selling luxury car brand and keep ahead of rival Tesla. In India, Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast-charging network nationwide, Martin Schwenk said in an interview. The company might also manufacture batteries domestically in the future, he said. &#8220;Now, we are really starting our aggressive offensive into the EV market. In the next [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-516660","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=516660"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/516660\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=516660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=516660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=516660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}