India's Tryst With Super-luxury EVs
Fortune India|June 2023
As customers choose sustainability over price, makers of luxury cars begin offering electric vehicles
Pavan Lall
India's Tryst With Super-luxury EVs

THE HIGH-END CAR MARKET IN INDIA, which saw Audi, Merc and BMW sell 31,277 units in 2022, is expected to grow exponentially in the next five years. Carmakers, from Lexus to Ferrari, have moved into the hybrid or electric zone, in a clear indication of what the future holds.

McLaren Artura 
5.09 crore

The hybrid McLaren Artura PHEV is endowed with a 3.0-litre twin-turbo V6 engine and a 95hp, 225 Nm rear-mounted electric motor, which collectively churn out 680hp.

Ferrari 296 GTB 
₹5.5 crore (ex-showroom) 

This V-6 hybrid electric car requires plugging in to rejuvenate its massive batteries, and while Ferrari has slashed weight, it still generates 800-plus bhp in power.

Lexus LC 500h 
₹2.29 crore

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