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Reuters

Mercedes set to lead India’s luxury EV market as Tesla stays out

German carmaker Mercedes-Benz plans to take pole position in India’s luxury electric vehicle market, its country head told Reuters, helping cement its title as the top-selling luxury car brand and keep ahead of rival Tesla. In India, Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast-charging network nationwide, Martin Schwenk said in an interview.

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