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<ul><li>The <keyword id="15977328" type="General" weightage="20" keywordseo="BYD-Seal-electric-car" source="Orion">BYD Seal electric car</keyword> has been launched in India.</li><li>The <keyword id="15977324" type="General" weightage="100" keywordseo="BYD-Seal" source="Orion">BYD Seal</keyword> is the third electric car from the company in the country.</li><li>The electric sedan has been priced starting at ₹41 lakh and is available in three variants.</li></ul>BYD India on Tuesday announced the launch of the BYD Seal, the company’s third electric car and its first electric sedan in the country. The company already sells the BYD Atto 3 and the BYD e6 electric cars in India. The BYD Seal looks similar to the Tesla Model 3, which is not available in India at present. The company has already started accepting bookings for the electric sedan. <cmsannotation type="cmsannotation" annotationid="BYD Seal price in India and variants" comment="subhead" text="BYD Seal price in India and variants"><keyword id="16032815" type="General" weightage="20" keywordseo="BYD-Seal-price" source="Orion">BYD Seal price</keyword> in India and variants</cmsannotation> The BYD Seal has been priced at ₹41 lakh ex-showroom for the Dynamic variant, ₹45.5 lakh ex-showroom for the Premium variant and ₹53 lakh ex-showroom for the top-end Performance variant. <cmsannotation type="cmsannotation" annotationid="BYD Seal features and specifications" comment="subhead" text="BYD Seal features and specifications">BYD Seal features and specifications</cmsannotation> The BYD Seal features a coupe-like silhouette and comes with double-U floating LED headlamps and inserts on the front bumper. It features large C-shaped DRLs, 19-inch diamond-cut multi-spoke alloy wheels and flush-fitting electronic door handles. At the back, the BYD Seal features a full-width LED bar along with LED taillamps and a black diffuser. At the top, the electric sedan features a panoramic sunroof. Coming to the interiors, the BYD Seal features a rotating 15.6-inch touchscreen infotainment, a 10.25-inch digital driver’s display, a flat-bottom steering wheel and a heads-up display. The seats are heated and cooled on the front, along with being 8-way electronically adjustable. For safety, the BYD Seal is equipped with eight airbags, Advanced driver assistance systems (ADAS), 360-degree camera, ABS with hill hold and more. The Dynamic variant of the BYD Seal is equipped with a single motor that churns out 204 PS power and 310 Nm of peak torque. It is coupled with a 61.4 kWh battery that offers 460 km of range on a single charge. The Premium variant is equipped with a single motor and churns out 313 PS power and 360 Nm of peak torque. It is equipped with a larger 82.5 kWh battery pack that offers 570 km of range. Coming to the top-end Performance variant, it is equipped with dual-motor AWD that churns out 530 PS power and 670 Nm of peak torque. It is equipped with the same 82.5 kWh battery pack as the Premium variant and offers a range of 520 km. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms">Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share</a> <a href="https://www.businessinsider.in/business/auto/news/passenger-vehicles-record-11-3-growth-in-february-2024-two-wheelers-record-35-growth/articleshow/108204817.cms">Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth</a> <a href="https://www.businessinsider.in/business/auto/news/kawasaki-ninja-500-sports-bike-launched-in-india-at-5-24-lakh/slidelist/107916430.cms">Kawasaki Ninja 500 sports bike launched in India at ₹5.24 lakh</a>

BYD Seal electric sedan launched in India starting at ₹41 lakh

Chinese electric carmaker <keyword id="6482256" type="General" weightage="50" keywordseo="byd-india" source="Orion">BYD India</keyword> on Wednesday unveiled its new luxury sedan <keyword id="15977324" type="General" weightage="50" keywordseo="byd-seal" source="Orion">BYD Seal</keyword> which, it said, will be launched in the country during the last quarter of 2023. The Chinese electric car maker also claimed that <keyword id="67247" type="General" weightage="100" keywordseo="byd" source="Orion">BYD</keyword> Seal has a range of up to 700 km on a single charge. "With the unveiling of the electric luxury sedan BYD Seal, and the launch of the limited edition of BYD ATTO 3, Blade Battery, and the e-Platform 3.0, we resonate our commitment to contribute to the growth of the Indian electric vehicle segment with future EV technologies," <keyword id="13023382" type="General" weightage="50" keywordseo="sanjay-gopalakrishnan" source="Orion">Sanjay Gopalakrishnan</keyword>, Senior Vice President of Electric Passenger Vehicles of BYD <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>, said. Only 1,200 units of this limited edition of BYD ATTO 3 will be available in India at Rs 34.49 lakh (ex-showroom). "Today, we are also very honored to announce that the first batch of BYD ATTO 3 delivery starts. This calendar year, we plan to sell 15,000 units of BYD ATTO 3 &amp; All-New e6. The bookings of BYD ATTO 3 have been very encouraging, and we are all set to start the first deliveries from January 2023," said Gopalakrishnan. BYD Seal is BYD India's third model for the passenger EV segment in India after All New e-6 electric MPV and BYD ATTO 3 e-SUV, both of which are already on sale. BYD India expanded its network to 24 showrooms across 21 cities in just one year and plans to double the presence to 53 showrooms within 2023. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/kia-showcases-concept-ev9-electric-car-with-solar-panels-carnival-ka4-mpv/slidelist/96908322.cms">Kia showcases Concept EV9 electric car with solar panels, Carnival KA4 MPV</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/auto-expo-2023-hyundai-launches-ev-ioniq-5-that-can-run-631-kms-on-a-single-charge/articleshow/96908838.cms">Auto Expo 2023: Hyundai launches EV Ioniq 5 that can run 631 kms on a single charge</a>

Auto Expo 2023: Chinese electric carmaker BYD India to launch luxury sedan in 2023's last quarter

<ul class="summary-list"><li>Chinese EV maker Xpeng just launched a new low-priced EV.</li><li>The cheapest version of this car is nearly half the price of Tesla's Model 3 in China.</li></ul>One of <a target="_blank" class="" href="https://www.businessinsider.com/tesla">Tesla's</a> Chinese rivals just launched its new low-priced EV with self-driving tech — and it shows just how big a challenge <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> faces in staying competitive in the <a target="_blank" class="" href="https://www.businessinsider.com/china-electric-vehicles-government-subsidies-win-ev-race-byd-tesla-2024-6">world's largest EV market</a>.Xpeng <a target="_blank" class="" href="https://www.xiaopeng.com/news/company_news/5357.html">launched the Mona M03 EV on Tuesday</a>, an electric car with a starting price of 119,800 yuan ($16,800).The EV is available in three models, including a "Max" version with autonomous driving features that costs from 155,800 yuan ($21,900).The cheapest M03 model is just over half the price of Tesla's most affordable car — the Model 3 — which starts at around <a target="_blank" class="" href="https://www.tesla.cn/model3/design#overview">231,900 yuan ($32,500)</a> in China.Tesla has repeatedly <a target="_blank" class="" href="https://www.businessinsider.com/tesla-waging-price-war-against-chinese-rivals-2024-4">cut prices in China over the past year</a> as it tries to keep up with its local rivals, and is reportedly close to <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-tesla-china-visit-self-driving-autonomous-electric-cars-2024-4">gaining approval to sell its full self-driving tech in the country</a>.Tesla faces brutal competition from Chinese companies capable of matching Tesla's tech-heavy electric cars while undercutting the company on price.Xpeng's M03 joins a <a target="_blank" class="" href="https://www.businessinsider.com/chinas-electric-vehicle-market-could-face-a-brutal-reckoning-2024-5">crowded market</a> that includes smartphone maker Xiaomi's SU7, a smart car with an <a target="_blank" class="" href="https://www.businessinsider.com/xiaomi-su7-ev-photos-specs-features-tesla-rival-2023-12">estimated 500-mile range</a> and <a target="_blank" class="" href="https://www.businessinsider.com/xiaomi-loses-speed-ultra-7-electric-vehicles-9200-per-car-2024-8">a price tag of around $30,000</a>.Industry leader BYD, which <a target="_blank" class="" href="https://www.businessinsider.com/tesla-q4-sales-less-than-china-byd-2024-1">briefly overtook Tesla</a> as the world's largest producer of EVs in late 2023, has <a target="_blank" class="" href="https://www.businessinsider.com/byd-china-ev-price-war-yuan-plus-tesla-elon-musk-2024-3">also slashed prices this year</a>. In March, it <a target="_blank" class="" href="https://finance.yahoo.com/news/china-brutal-ev-war-forces-131127772.html">cut the sticker price</a> of its Seal electric sedan by 10,000 yuan to <a target="_blank" href="https://www.reuters.com/business/autos-transportation/chinas-byd-lowers-starting-price-new-version-seal-electric-sedan-2024-03-25/#:~:text=China's%20BYD%20lowers%20starting%20price%20of%20new%20version%20of%20Seal%20electric%20sedan,-By%20Reuters&amp;text=BEIJING%2C%20March%2025%20(Reuters),to%20179%2C800%20yuan%20(%2424%2C978.12).">179,800 yuan ($25,230)</a>.Premium EV giant Nio, meanwhile, is <a target="_blank" class="" href="https://www.businessinsider.com/tesla-ev-rivals-in-china-nio-byd-collaborate-cheaper-model-2024-5">planning to launch an affordable EV brand</a> called Onvo in China. This brand will compete directly with Tesla's Model Y.The L60, the first car in the Onvo range, <a target="_blank" class="" href="https://www.nio.com/news/onvo-l60-launch?&amp;noredirect=">will be around $5,000 cheaper</a><a target="_blank" href="https://www.nio.com/news/onvo-l60-launch?&amp;noredirect="> </a>than the <a target="_blank" class="" href="https://www.tesla.cn/modely/design#overview">Model Y</a> and offer drivers access to Nio's network of <a target="_blank" class="" href="https://www.businessinsider.com/ev-battery-swapping-china-rescue-us-revolution-2024-2">battery swapping stations</a>, which the company says cuts charging times to as <a target="_blank" class="" href="https://www.nio.com/news/onvo-l60-launch?&amp;noredirect=">little as 3 minutes</a>.Nio, BYD, and Xpeng also <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-tesla-full-self-driving-technology-china-local-competition-2024-4">advertise their versions of Tesla's driving assistance tech</a>. BYD is racing to add <a target="_blank" href="https://www.businessinsider.com/chinese-byd-ev-automaker-launches-smart-car-system-rivals-tesla-2024-1">more AI features</a> to its vehicles to appeal to <a target="_blank" class="" href="https://www.businessinsider.com/chinese-ev-makers-battle-for-market-dominance-with-smart-features-2024-5">tech-savvy Chinese consumers</a>.These Chinese EV players are also being challenged by growing competition in this region and the pressure to compete on price.Musk will likely hope that Tesla's Robotaxi, which he is reportedly <a target="_blank" href="https://www.reuters.com/business/autos-transportation/china-may-support-teslas-domestic-testing-demonstration-robotaxis-says-media-2024-05-08/">keen to launch in China</a>, gives the US automaker an edge. Still, a victory for Tesla in the world's most cutthroat EV market is far from assured.Tesla did not respond to a request for comment from Business Insider, sent outside normal working hours.

Chinese Tesla rival launches $22,000 EV with self-driving features. Here's why that's a big problem for Tesla.

<ul class="summary-list"><li>EV company Nio is launching a new affordable EV brand in China. </li><li>Competitor BYD will reportedly supply batteries for the new range, which will compete with Tesla's Model Y. </li></ul>Two of <a target="_blank" href="https://www.businessinsider.com/tesla">Tesla's</a> biggest rivals in China are joining forces in yet another blow to <a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a>.Local EV giant Nio is launching a new affordable EV brand that will compete directly with the Model Y in China — and it has reportedly turned to Tesla rival BYD to provide batteries for one of these new EVs, according to <a target="_blank" href="https://www.reuters.com/business/autos-transportation/chinas-nio-turns-rival-byd-power-new-ev-brand-sources-say-2024-05-07/">a Reuters report</a>.Three sources with knowledge of the matter told Reuters that BYD has agreed to provide batteries for the new mass-market brand called Onvo, which <a target="_blank" href="https://www.reuters.com/business/autos-transportation/nio-track-unveil-its-first-mass-market-car-may-executive-says-2024-05-06/">Nio confirmeded to Reuters on Monday.</a>BYD will reportedly provide a small battery pack for one version of the Onvo EV, with Chinese battery maker CALB supplying a larger 85-kilowatt-hour battery pack.Nio disputed the report, describing it as "inaccurate" in comments to Reuters.Business Insider contacted BYD and Nio for comment but didn't immediately hear back.Nio, known for its <a target="_blank" href="https://www.businessinsider.com/ev-battery-swapping-china-rescue-us-revolution-2024-2">battery-swapping technology</a>, is set to unveil the first Onvo vehicle at the end of the month and is also planning a second smaller EV that will sell in Europe for under $30,000, per Reuters.It marks a strategy shift for the EV startup, which has previously focused on the <a target="_blank" href="https://www.businessinsider.com/ev-electric-vehicle-china-brands-byd-nio-wuling-zeekr-geely-2023-5">premium market</a>, and it comes as it faces fierce competition in China.The alliance between Nio and BYD will likely intensify pressure on Elon Musk in China, where Tesla sales have slumped amid brutal competition for EVs.Deliveries from Tesla's Shanghai factory dropped 18% in April from a year ago, according to preliminary data from China's Passenger Car Association <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-07/tesla-china-shipments-sink-in-april-amid-broader-sector-growth">reported by Bloomberg</a>.The move poses a fresh challenge to Musk as he embarks on a <a target="_blank" href="https://www.businessinsider.com/tesla-executives-who-left-company-elon-musk-layoffs-2024-5">shake-up at Tesla.</a>The automaker is simultaneously trying to secure EV dominance in China and expand its autonomous driving operations — all while slashing its workforce with <a target="_blank" href="https://www.businessinsider.com/more-tesla-layoffs-workers-post-2024-5">ongoing job cuts</a>.Musk secured a big win in <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-china-visit-self-driving-autonomous-electric-cars-2024-4">a surprise trip to Beijing</a> last month, sealing a vital deal with Chinese tech giant Baidu that moved the automaker closer to rolling out its Full Self-Driving technology in the country.The Tesla CEO is now <a target="_blank" href="https://www.reuters.com/business/autos-transportation/china-may-support-teslas-domestic-testing-demonstration-robotaxis-says-media-2024-05-08/">reportedly eyeing up plans</a> to deploy the company's forthcoming robotaxis, which the company plans to <a target="_blank" href="https://www.businessinsider.com/elon-musk-picked-robotaxi-launch-date-lucky-number-in-china-2024-4">unveil in August</a>, to China.Once again, however, he is likely to <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-full-self-driving-technology-china-local-competition-2024-4">face stiff competition</a> from BYD and Nio, who are developing their own driving assistance software.

2 Chinese EV companies seem to be ganging up on Elon Musk's Tesla 

How Chinese EV makers are slowly taking over the world

<ul class="summary-list"><li>Chinese electric car maker BYD might be the closest thing to a true Tesla competitor. </li><li>Experts say the auto company's Seal electric sedan is comparable to the <a target="_blank" href="https://www.businessinsider.com/tesla-model-3-vs-model-s">Tesla Model 3</a>.</li></ul>Wall Street analysts tore down a Chinese Tesla competitor and found a great Model 3 alternative — for a fraction of the cost.The Seal, a mid-sized electric sedan made by Chinese EV giant BYD, backed by Warren Buffett's Berkshire Hathaway, is a close rival to the <a target="_blank" href="https://www.businessinsider.com/tesla-models">Tesla</a> Model 3. Analysts at UBS recently investigated to see just how comparable to Elon Musk's popular model it might be.Ultimately, tearing down the Seal — "a good example of Chinese EV models' technological edges and cost optimization" — reinforced the bank's belief that Chinese auto companies are here to stay and dominate the <a target="_blank" href="https://www.businessinsider.com/chinese-car-companies-europe-expansion-threatens-mercedes-volkswagen-2023-9">global electric car market</a>, it said in a note to clients.<div type="image" title="The Tesla Model 3." height="1875" width="2500" msid="103614736" hostid="261"></div><h2>BYD Seal versus Tesla Model 3</h2>The Seal rivals the Model 3 in many ways, according to UBS, and it does so at a "10-20% lower selling price."Analysts noted features such as its larger interior space, 5G connectivity, and rotational central cockpit screen, as well as how it "opts for slower acceleration, lower top speed, slower charging speed" as some of its advantages over Musk's popular car.They also noted BYD's battery technology (coined cell-to-body), allows for more in-vehicle legroom, a unique car shape, improved performance, and — given the tech introduces a more efficient way of integrating the battery — lower manufacturing costs."The floor carpet of the passenger cabin is directly above the battery cell stack, and the top cover of the battery pack serves as the floor of the car body, eliminating one more layer of aluminum or steel," UBS analysts noted. "Such a thin battery pack occupies less floor space than others, allowing the car's profile to be low, which reduces aerodynamic resistance and creates a more spacious interior for drivers and passengers."UBS also said that, when comparing power performance, cost efficiency, and energy density, the BYD Seal's electric system "is in-line with the competition despite being at the relatively lower end of the range, especially compared to the leading solution provided by Tesla's Model 3."Interestingly, unlike Tesla, BYD seems to be steering clear from autonomous driving technology, and instead, is opting for a standard, Level 2, advanced driver assistance system. The company is also outsourcing this tech instead of developing it in-house.<div type="image" title="The XPeng G6 electric SUV." height="4000" width="6000" msid="103614739" hostid="261"></div><h2>Other automakers should worry</h2>At a high level, UBS analysts said the BYD Seal is "cost competitive, thanks to its vertical integration, suitable specs, and volume scale."That's exactly what a lot of the <a target="_blank" href="https://www.businessinsider.com/china-auto-sales-tech-features-leaving-american-automakers-behind-2023-7">Chinese carmakers</a> have going for them. BYD and other Chinese firms like Geely, Li Auto, and XPeng are tech-savvy, have longstanding advantages in terms of the EV <a target="_blank" href="https://www.businessinsider.com/china-united-states-electric-vehicle-market-share-auto-brands-pricing-2023-1">battery supply chain</a>, and easily churn out EVs with greater scale at <a target="_blank" href="https://www.businessinsider.com/cheap-chinese-electric-cars-will-upend-the-us-vehicle-market-2023-5">lower costs</a>.UBS analysts did note that incumbent automakers, like BYD, have an advantage over the younger Chinese companies, but that all are progressing.That growth is not only in China (where Chinese auto firms are expected to outpace foreign companies this year for the first time), but in Europe, too. China is exporting autos at a rapid pace, and Chinese companies dominated conversations at the recent Munich auto show, historically heavily influenced by German carmakers."Heading into the EV era, there is essentially little price gap between foreign and Chinese brands, and the volume could even be higher on Chinese side," the UBS analysts wrote in their note. "Given the Chinese EV development cycle is still faster than that of the foreign brands, we believe Chinese brands' market share gains from foreign brands will be structural and continuous."And experts suggest it's not unlikely they'll find success in the US in the near future, too."Chinese carmakers currently have systematic EV cost advantages versus US and European incumbents while offering wider product line-ups than Tesla and covering more segments (especially mass market)," they added.

Wall Street analysts tore down a Chinese Tesla rival and say it's exactly why Elon Musk should be worried about China 

Domestic smartphone brand <keyword id="19895414" type="General" weightage="20" keywordseo="lava" source="keywords">Lava</keyword> on Tuesday launched a new smartphone -- the <keyword id="20837015" type="General" weightage="20" keywordseo="blaze-curve" source="keywords">Blaze Curve</keyword> 5G, with a 64MP camera and 6.67-inch 120Hz 3D Curved AMOLED display. Starting at Rs 17,999, the smartphone comes in two colour variants -- Iron Glass and <keyword id="20837016" type="General" weightage="20" keywordseo="viridian-glass" source="keywords">Viridian Glass</keyword>. It will be available for purchase on Amazon.in, Lava E-store and across the Lava Retail Network from March 11. "Developed to meet the aspirations of Indian consumers in the sub-20K price range, our aim with the Blaze series is to provide a world-class experience to our customers," <keyword id="20837017" type="General" weightage="20" keywordseo="sunil-raina" source="keywords">Sunil Raina</keyword>, Managing Director, <keyword id="19923300" type="General" weightage="20" keywordseo="lava-international" source="keywords">Lava International</keyword>, said in a statement. The smartphone comes powered by MediaTek Dimensity 7050 processor and is equipped with 8GB RAM and 128/256GB ROM. According to the company, it comes with a Premium AG Glass Back design and boasts a 64MP primary rear camera (Sony sensor) with EIS support along with 8MP Ultrawide and 2MP Macro with LED Flash. The device comes equipped with a 32MP front camera, ensuring crisp and detailed selfies. It offers a 5000mAh battery and supports fast charging with a 33W charger. The Blaze Curve 5G runs on bloatware-free, ad-free and clean Android 13. The company said that it will be providing regular software updates, including assured upgrades to Android 14 and 15, along with quarterly security enhancement for three years. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms" target="_blank">Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share</a><a href="https://www.businessinsider.in/business/auto/news/byd-seal-electric-sedan-launched-in-india-starting-at-41-lakh/articleshow/108234000.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/byd-seal-electric-sedan-launched-in-india-starting-at-41-lakh/articleshow/108234000.cms" target="_blank">BYD Seal electric sedan launched in India starting at ₹41 lakh</a><a href="https://www.businessinsider.in/stock-market/news/mukka-proteins-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/108212514.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/mukka-proteins-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/108212514.cms" target="_blank">Mukka Proteins IPO allotment – How to check allotment, GMP, listing date and more</a>

Lava Blaze Curve 5G launched in India starting at ₹17,999

German carmaker Mercedes-Benz expects <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> to become its third biggest market in its 'Region Overseas' over the next 2-3 years with demand anticipated to remain strong for luxury products, according to a senior company executive. The Region Overseas for <keyword id="20034825" type="General" weightage="20" keywordseo="mercedes-benz" source="keywords">Mercedes Benz</keyword> comprises 118 countries, excluding North America, Europe and China. India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey. The sales gap between India and Turkey is around 8,000 units per year. "Our Region Overseas markets which encompass 118 markets across the world and India happens to be market number five for us. So you can imagine the relevance and importance it serves not only today, but also for the future of the Mercedes Benz brand," Mercedes-Benz AG Head of Region Overseas, <keyword id="20836954" type="General" weightage="20" keywordseo="sagree-sardien" source="keywords">Sagree Sardien</keyword> told reporters here. When asked about the expected timeframe to achieve the target, she stated, "We are convinced that with the way the Indian market is developing, we should see this happening in the next two to three years." Terming India a strategic market for the brand, <keyword id="20836953" type="General" weightage="20" keywordseo="sardien" source="keywords">Sardien</keyword> noted that the company has seen sales of its high-end models grow in double digits for the last couple of years and expects the same to continue this year and beyond. She noted that the company will add 12 new models, including three battery electric vehicles, in the market this year. The company also plans to tap smaller cities as it looks to establish sales outlets in 10 new locations ranging from Jammu to <keyword id="19910725" type="General" weightage="20" keywordseo="kottayam" source="keywords">Kottayam</keyword> to scale operations, Sardien stated. Mercedes-Benz India reported its highest ever sales of 17,408 units in 2023. Sardien said the electrification journey in India is picking up slowly for Mercedes-Benz with 4 per cent of total sales in the country coming from EVs. "I completely believe that we will see a double-digit (growth) in electrification for our product range within this market," she said. "Customers' preferences are obviously at a much slower pace than the demand we expected," she said adding the company would go according to the transformation of customers. Sardien noted that the company will not change its strategic direction. "It is clear that the future is electric for us, but we ensure that we cater for our customers' changing preferences and where market conditions are actually allowing," she said. When asked about the potential of the overall luxury car market in India, Sardien said it can touch 1 lakh unit mark probably by the end of this decade. "But I think there are some fundamental things that need to happen in the market and it is highly dependent on how customers transition here between the combustion engine and the battery electric vehicle architecture," she added. The luxury car market in India is around 47,000 units per annum and remains a miniscule part of the overall passenger vehicle segment which crossed the 41 lakh units mark last year. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms" target="_blank">Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share</a><a href="https://www.businessinsider.in/business/auto/news/byd-seal-electric-sedan-launched-in-india-starting-at-41-lakh/articleshow/108234000.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/byd-seal-electric-sedan-launched-in-india-starting-at-41-lakh/articleshow/108234000.cms" target="_blank">BYD Seal electric sedan launched in India starting at ₹41 lakh</a><a href="https://www.businessinsider.in/stock-market/news/mukka-proteins-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/108212514.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/mukka-proteins-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/108212514.cms" target="_blank">Mukka Proteins IPO allotment – How to check allotment, GMP, listing date and more</a>

Expect India to be third largest market among 118 countries: Mercedes-Benz

<ul><li>Carl Pei-led Nothing Technologies on Tuesday launched the Phone (2a).</li><li>The Nothing Phone (2a) is the company’s third smartphone in the country.</li><li>The Phone (2a) is priced starting at ₹23,999 and is available in three variants.</li></ul> Carl Pei-led Nothing Technologies on Tuesday launched the Phone (2a), the company’s third smartphone and its most affordable offering to date. The company had made its debut with the Phone (1) and recently launched the Phone (2). The Nothing Phone (2a) continues the company’s transparent design language but the smartphone features a slightly different design, with the company changing the camera’s positioning. <cmsannotation type="cmsannotation" annotationid="Nothing Phone (2a) price and availability" comment="subhead" text="Nothing Phone (2a) price and availability">Nothing Phone (2a) price and availability</cmsannotation> The Nothing Phone (2a) has been launched in three variants. The base variant, with 8GB RAM and 128GB of internal storage has been priced at ₹23,999. The mid variant with 8GB of RAM and 256GB of internal storage has been priced at ₹25,999 and the top-end variant with 12GB RAM and 256GB of internal storage has been priced at ₹27,999. The Nothing Phone (2a) is available in two colour options, Black and White, just like the company’s earlier smartphones. The device will be available from Flipkart. <cmsannotation type="cmsannotation" annotationid="Nothing Phone (2a) specifications" comment="subhead" text="Nothing Phone (2a) specifications">Nothing Phone (2a) specifications</cmsannotation> The Nothing Phone (2a) runs on Android 14 out of the box with the company’s Nothing OS 2.5 on top. The device will get three years of Android updates and four years of security updates. The device features the company’s Glyph interface and can be customised using the app. It features a 6.7-inch Full HD+ AMOLED display with a 120Hz refresh rate and Corning Gorilla Glass 5 protection. The device is equipped with the MediaTek Dimensity 7200 Pro chipset. It is available in three memory variants – 8GB RAM and 128GB of internal storage, 8GB RAM and 256GB of internal storage and 12GB RAM and 256GB of internal storage. Coming to the camera department, the Nothing Phone (2a) features a dual camera setup at the back consisting of a 50MP primary camera with OIS and a secondary 50MP ultra-wide-angle camera. On the front, the device features a 32MP selfie camera. The Nothing Phone (2a) is powered by a 5,000mAh battery with 45W fast charging support. The smartphone comes with an in-display fingerprint sensor and is IP54 rated for water and dust resistance. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/electric-two-wheeler-sales-grow-by-24-in-february-2024-ola-electric-leads-with-over-40-market-share/articleshow/108227956.cms">Electric two-wheeler sales grow by 24% in February 2024, Ola Electric leads with over 40% market share</a> <a href="https://www.businessinsider.in/business/auto/news/byd-seal-electric-sedan-launched-in-india-starting-at-41-lakh/articleshow/108234000.cms">BYD Seal electric sedan launched in India starting at ₹41 lakh</a> <a href="https://www.businessinsider.in/stock-market/news/mukka-proteins-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/108212514.cms">Mukka Proteins IPO allotment – How to check allotment, GMP, listing date and more</a>

Nothing Phone (2a) smartphone debuts in India, priced starting at ₹23,999

<ul><li>The event will open for the general public from January 14 to 18.</li><li>All major brands showcased their latest cars and advanced technologies at the event.</li><li>Electric cars and SUVs were the main highlights of the Auto Expo.</li></ul>Electric vehicles took center stage at the <keyword id="13421246" type="General" weightage="100" keywordseo="auto-expo-2023" source="Orion">Auto Expo 2023</keyword>, which kicked off on Wednesday. The 16th edition of the Auto Show is being held after a gap of three years due to Covid-19. Automobile giants such as <keyword id="8555" type="General" weightage="80" keywordseo="tata" source="Orion">Tata</keyword> Motors, <keyword id="44883" type="General" weightage="80" keywordseo="maruti-suzuki" source="Orion">Maruti Suzuki</keyword>, Hyundai, Kia, MG Motors, and others showcased their futuristic products while committing to investing in sustainable mobility. Commercial vehicle manufacturers Ashok Leyland also unveiled different vehicles based on CNG, LHG, battery, and hydrogen-powered vehicles. Maruti Suzuki showcased its concept vehicle eVX, which is expected to hit the Indian market by 2025. Kia Motors exhibited its concept UV EV9 and KA4; the company also plans to invest ₹2,000 crore in Indian EV-related research and development. Keeping the trend of EVs and sustainable mobility, Tata Motors showcased over 20 products across its commercial and passenger vehicle portfolio. The main highlights of the company’s showcase were the electric SUV Sierra and the EV version of the SUV Harrier. During the launch, Tata Sons Chairman N Chandrasekaran said, “We believe that the transition to electric mobility in India will happen much faster than we are imagining.” Further, he added, Tata Motors has several products lined up to cater to the evolving customer needs. Business Insider India brings you top highlights from the Auto Expo 2023. <cmsannotation type="cmsannotation" annotationid="Electric cars and SUVs" comment="subhead" text="Electric cars and SUVs">Electric cars and SUVs</cmsannotation> <cmsannotation type="cmsannotation" annotationid="Maruti Suzuki" comment="subhead" text="Maruti Suzuki">Maruti Suzuki</cmsannotation> <div type="image" title="Maruti Suzuki" msid="96944950" hostid="261" caption="&amp;lt;p&amp;gt;EV eVX SUV&amp;lt;/p&amp;gt;"></div> Dubbed as eVX, the electric SUV concept from Maruti Suzuki with a range of 550km showcased at the event. The SUV is equipped with a 60kWh battery pack and is slated to hit the Indian market by 2025. Maruti showcased the Jimny off-road SUV with a 4x4 all-terrain module and a sturdy design. We expect Maruti Suzuki to launch Jimny in India by April this year, with a starting price of ₹10 lakh (ex-showroom). The SUV will lock horns against Mahindra Thar and Force Gurkha. Maruti Suzuki unveiled the Fronx SUV based on the company’s popular hatchback Baleno. <cmsannotation type="cmsannotation" annotationid="JBM Auto" comment="subhead" text="JBM Auto">JBM Auto</cmsannotation> <div type="image" title="JBM Auto" msid="96944967" hostid="261" caption="&amp;lt;p&amp;gt;Electric bus by JBM&amp;lt;/p&amp;gt;"></div> JBM Auto, the manufacturer of buses and coaches, launched its first self-designed and self-manufactured electric luxury coach ‘Galaxy’ at the event. The company also showcased its new range of e-buses, including staff, city, and school buses. <cmsannotation type="cmsannotation" annotationid="Hyundai" comment="subhead" text="Hyundai">Hyundai</cmsannotation> <div type="image" title="Hyundai ioniq 5" msid="96944984" hostid="261" caption="&amp;lt;p&amp;gt;All electric SUV ioniq 5&amp;lt;/p&amp;gt;"></div> Hyundai has launched the Ioniq 5 EV at a starting price of ₹44.95 lakh. The all-electric SUV has a claimed range of 631km and fast charging using a 350 kW DC charger to go from 0 to 80 percent in 18 minutes. The Ioniq 5 EV was announced in India last month, and it was up for booking for a token of ₹1 lakh. <cmsannotation type="cmsannotation" annotationid="Kia Motors" comment="subhead" text="Kia Motors">Kia Motors</cmsannotation> <div type="image" title="Kia ev9" msid="96944998" hostid="261" caption="&amp;lt;p&amp;gt;Kia ev9 SUV&amp;lt;/p&amp;gt;"></div> Kia Motors showcased the EV9 concept at the Auto Expo 2023. The car is expected to go into production in the second half of 2023. The car will have a range of 482km and will come with solar panels. Along with the Kia EV9, the automaker showcased its purpose-built emergency services vehicles. <cmsannotation type="cmsannotation" annotationid="BYD" comment="subhead" text="BYD">BYD</cmsannotation> <div type="image" title="BYD Seal" msid="96945008" hostid="261" caption="&amp;lt;p&amp;gt;Electric sedan by BYD&amp;lt;/p&amp;gt;"></div> Chinese automaker BYD showcased Seal, a luxury sedan with a range of 700km on a single charge. The electric sedan is expected to hit the Indian market in the year’s fourth quarter. BYD also introduced new color options for its Atto 3. <cmsannotation type="cmsannotation" annotationid="Lexus" comment="subhead" text="Lexus">Lexus</cmsannotation> <div type="image" title="Lexus" msid="96945027" hostid="261" caption="&amp;lt;p&amp;gt; RX 350h by Lexus&amp;lt;/p&amp;gt;"></div> Lexus India made its debut with RX 350h SUV. The car will be available in a hybrid model with a 2.4-liter petrol engine and a battery. Lexus has announced that it is accepting bookings for the new RX from January 11, with prices to be revealed by the end of the quarter. Deliveries, meanwhile, are set to commence in the second quarter of 2023. <cmsannotation type="cmsannotation" annotationid="Tata Motors" comment="subhead" text="Tata Motors">Tata Motors</cmsannotation> <div type="image" title="Tata EV" msid="96945036" hostid="261" caption="&amp;lt;p&amp;gt;EV by Tata&amp;lt;/p&amp;gt;"></div> Tata Motors showcased the Harrier EV concept, which looked pretty close to road ready. Joining the Harrier EV, the second surprise from tata was the Sierra EV concept. The Tata Avinya was also showcased at Auto Expo 2023. The company also showcased the Curvy ICE concept. Apart from these two, Tata also showcased the Punch CNG and Altroz CNG. <cmsannotation type="cmsannotation" annotationid="Toyota" comment="subhead" text="Toyota">Toyota</cmsannotation> <div type="image" title="Toyota bZ4X" msid="96945052" hostid="261" caption="&amp;lt;p&amp;gt;EV bZ4X by Toyota&amp;lt;/p&amp;gt;"></div> Japanese automaker Toyota showcased its all-electric SUV, the bZ4X, at the Auto Expo 2023. The car offers a range of 559 km on a single charge and is expected to hit the Indian road this year. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/british-company-develops-the-first-ever-tractor-that-runs-completely-on-cow-dung/articleshow/96882132.cms">British company develops the first-ever tractor that runs completely on cow dung</a> <a href="https://www.businessinsider.in/tech/apps/news/these-audio-setting-tweaks-can-make-music-sound-better-on-spotify/articleshow/96876010.cms">These audio setting tweaks can make music sound better on Spotify</a>

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BYD Seal electric sedan launched in India starting at ₹41 lakh

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