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EVs in India, buyer sentiment, residual values and more | Interview with Santosh Iyer, MD and CEO Mercedes-Benz India
Manage episode 441107380 series 3195288
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The Indian EV market has faced challenges, with consumers showing a lack of interest in adopting electric vehicles, primarily due to the higher purchase costs compared to traditional ICE (Internal Combustion Engine) cars. In an exclusive interview, we speak with Santosh Iyer, MD and CEO of Mercedes-Benz India, at the launch of the second made-in-India Mercedes-Benz electric SUV, the EQS 580. Santosh Iyer shares insights into the factors contributing to the slower adoption of EVs in India, the current challenges faced by the industry, and what the future holds for electric mobility in the country. Join us as we delve into the key reasons behind the slow EV adoption, how manufacturers like Mercedes-Benz plan to tackle these issues, and what consumers can expect in the coming years for EV technology and infrastructure.
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