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Auto giants are setting their sights on a new growth market for EVs: India

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Companies like Audi, Volvo Cars and Stellantis are looking to establish a foothold in a market already home to some big India-based players.

With all of the above in mind, executives at some of the world's biggest automotive firms are making the case for establishing a foothold in India.Citroën Brand, who believes India's electric vehicle sector, while in its early stages of development, could be "absolutely perfect" due to the way people there use cars.with CNBC's Charlotte Reed, Thierry Koskas accepted that the market in India was "just starting.

Citroën India, which launched the fully electric ë-C3 in Feb. 2023, is not alone when it comes to making a move in India's nascent electric car sector.

 

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