BMW seeks lower import duties on EVs for some time to boost demand

BMW believes that a reduction in import duties on EVs for a limited number of units will help to create a demand in order to help in the manufacturing of such vehicles in India.BMW is going to bring three new electric vehicles to the country.
By : HT Auto Desk
| Updated on: 28 Nov 2021, 12:45 PM
BMW iX, the company's flagship all-electric SUV, is all set to be revealed next month in India. 
BMW iX, the company's flagship all-electric SUV, is all set to be revealed next month in India. 
BMW iX, the company's flagship all-electric SUV, is all set to be revealed next month in India. 
BMW iX, the company's flagship all-electric SUV, is all set to be revealed next month in India. 

As BMW gears up to introduce electric vehicles in the country, it believes that reduction in import duties on EVs for a limited number of units will help to create a demand in order to help in the production of such vehicles in India and bring in new technologies in a quicker pace, said a senior official of the company.

The automaker considers that by localisation of the manufacturing process, demand can be created. The company for the last 15 years has been locally producing many of its vehicles that are sold in the country. BMW Group India President and CEO Vikram Pawah shared that the company first creates demand for a model and then localises it. “We believe these new technologies also have a potential to be localised in future but you need to create a mass demand for that critical mass (for local manufacturing to be viable)," he was quoted as saying in a PTI report.

Similar Cars

Find More Cars
Bmw Ix (HT Auto photo)
Bmw Ix
Electric | Automatic
₹1.16 Cr**Ex-showroom price
Bmw X5 (HT Auto photo)
Bmw X5
2993 cc | Diesel | Automatic (Torque Converter) | 13.38 kmpl
₹75.5 - 90.9 Lakhs**Ex-showroom price
Bmw X6 (HT Auto photo)
Bmw X6
2998 cc | Petrol | Automatic (Torque Converter) | 10.31 kmpl
₹95 Lakhs - 1.02 Cr* *Ex-showroom price
Bmw X3-m (HT Auto photo)
Bmw X3-m
2993 cc | Petrol | Automatic (Torque Converter) | 13.17 kmpl
₹99.9 - 99.99 Lakhs**Ex-showroom price
Bmw G 310 R (HT Auto photo)
Bmw G 310 R
313 cc
₹2.5 - 2.6 Lakhs**Ex-showroom price
Bmw F 750 Gs (HT Auto photo)
UPCOMING
Bmw F 750 Gs
₹11.95 - 12.25 Lakhs* *Expected Price

(Also see | In pics: Check out BMW iX flagship electric SUV that is set for India debut)

Pawah conveyed that this can be only achieved either by first creating the demand before the development of the infrastructure or creating the demand that will in turn create the infrastructure. “Then we can localise by that time these technologies which are mature and then we can apply it into the country," he added. He went ahead to add that for this move, the company is seeking a reduction in import duties only for a limited time and limited quantities.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

(Also read | BMW to join EV party in India with three cars in next six months: Report)

Pawah explained that if this happens, it will allow the automaker to keep manufacturing in India and bring new technologies in a quicker manner. “That is what our consistency has been always that at any point any new technologies we should do that. It will allow even safety technologies, environment, green technologies to come into India faster," he added. BMW has announced that it is going to bring three electric vehicles in the next six months in India to push its electrification goals in the country.

The EVs that BMW has planned to launch in the country are all-electric BMW iX followed by MINI luxury hatchback EV and electric BMW i4 sedan.

First Published Date: 28 Nov 2021, 12:45 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city