VATupdate

Share this post on

BMW Urges No GST Hike on EVs as Electric Car Sales Surge Over 200% in 2025

  • BMW urges the government to retain the current 5% GST on EVs, warning that any increase would harm the industry.
  • BMW’s electric car sales in India surged over 200% in 2025, with overall car sales (BMW and MINI) growing 14.4% to 18,001 units.
  • The company plans to launch 10 new models in 2025, including six all-new vehicles and four major updates.
  • EV penetration in India remains low (4%) compared to developed countries and China, and high battery costs keep EV manufacturing expensive.
  • BMW Group India’s growth rate (13-14%) outpaces the industry average, with strong sales in long wheelbase models, SUVs, and motorcycles.

Source: a2ztaxcorp.net

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

Advertisements:

  • Pincvision