Suzuki Motor Corp (OTC: SZKMF) India unit, Maruti Suzuki India Ltd, is planning to launch its first electric car in 2025. The mid-sized electric sports utility vehicle, named, eVX (Emotional Versatile Cruiser) will be produced in the state of Gujarat, Bloomberg reported. The move is considered India’s biggest automaker’s attempt to recover the ceded ground to rival South Korea’s Hyundai Motor Co. (OTC: HYMTF). “Given the power supply situation, electric vehicles alone can’t be the solution in In
Model 3 retail sales in China increased 24.53 percent in December compared to November, while Model Y sales decreased 43.94 percent from November.
All models on the list except the ET5 and ET7 are traditional fuel models, with the BMW 3 Series coming in at No. 1 with 18,533 units.
BMW said it will accelerate its electrification this year, bringing 11 BEV models to Chinese customers.