Economy · India

Audi India Explores Local EV Production, Aims for Doubled Market Share

Audi India is considering local production of electric vehicles (EVs) and plans to introduce new models to potentially double its market share within three to five years. The company is also looking to utilize the proposed India-EU free trade agreement (FTA) to import additional models to gauge market demand. The German automaker aims to achieve this market share growth by 2031, according to one report.

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