Auto Expo to Launch 20 New Cars in India by the End of 2024
In 2024, the Indian car market will be witnessing the launches of new 20 cars, which are expected to be introduced by the end of the year. With premium offers waiting in line, the new models will be displayed at the upcoming 2025 Auto Expo. The price range of upcoming cars is yet to be declared.
India Electric Vehicle Market Size
As per the Precedence Research’s detailed report on the india electric vehicle market size was valued at USD 11.36 billion in 2024 and is expected to achieve around USD 1,053.10 billion by 2034. The sector is registering a solid CAGR of 57.3% between 2024 and 2034.
The new car models list includes Mahindra BE.05 & BE.Rall-E which is expected to be the firstborn electric vehicle based on the INGLO platform in India and with its single motor RWD and size-appropriates, it will rival Tata Curvv EV and MG ZS EV. It is expected to be launched in 2025. Mahindra XUV.e8, Mahindra XUV.e9, and Mahindra XUV400 Facelift are all electrified versions of XUV700 and with massive road presence, 150 PS, and 310 Nm, Mahindra will be the most demanded brand in 2025. The Indian Global is a platform introduced by Mahindra to include all its future e-SUVs and enhance its modulation and flexibility of design and manufacturing parameters.
Electric Vehicle Sales in 2023 (Category-Wise)
| Vehicle Category | EV Sales (CY 2023) | Total Sales (CY 2023) | % EV Penetration (CY 2023) |
| 2W | 9,25,551 | 1,80,70,003 | 5% |
| 3W L5 M | 50,079 | 5,18,819 | 9.6% |
| 3W L5 N | 26,833 | 1,18,673 | 22.6% |
| 4W | 92,977 | 41,12,238 | 2.3% |
| Bus | 2,733 | 57,357 | 5% |
Next in line is Kia Clavis, Kia Sonet EV, and Kia Carens Facelift & Carens EV are the products of Kia. With its futuristic design, promising range of 400 km of range on a single charge, and powertrains of 1.5L NA Petrol, 1.5L Turbo Petrol, and 1.5L Diesel, the new models have already their fanbase, and also the brand being MVPs of India will increase its demand. The next two models, Hyundai Creta EV, and Maruti Suzuki eVX are expected to be launched in 2025 and are all set to dominate its rivals like ICE counterpart.
Maruti Suzuki Dzire is scheduled to be launched on the 4th of November, 2024, with its new 4th Gen Dzire and additional CNG variant. The Tata Motors duo, Tata Harrier EV and Safari EV are set to launch in 2025 with a battery size of 80kWh and an additional factor of Terrain Response. The MG Gloster Facelift with a similar build to Maxus Territory and D90 is expected to include a new feature of three lockable differentials and the Skoda Kylaq is equipped with a sole 1.0L turbo petrol engine is scheduled for an early launch.
The New Toyota Camry, a new model of Toyota, reckoned to be the world’s best-selling car company is ready to launch its latest 9th Gen avatar. Its price range starts at Rs 46.17 lakh (Ex-sh). The last in line, Jeep Compass & Meridian are the updated versions with their 2.0L diesel mill packing 170 PS and 350 Nm.
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