BMW targets 30% EV share in India by year-end
German luxury carmaker BMW is targeting nearly a third of its sales from electric vehicles by the end of the calendar year supported by strong customer demand post the West Asia crisis. Hardeep Singh Brar, President & CEO, BMW Group India, told ET the company is looking at locally assembling a second EV - the long-wheel base electric sedan BMW i5 (LWB) - in the country given strong traction. “Last year, while the (share of electric in the) industry was at about 4–5%, we were at 21%. Now, the industry is moving to 6-7%, and we have moved to 26%. We are also launching the second (locally ass