While the Indian car market is growing rapidly, foreign car companies are gearing up to launch new cars due to the rising demand for premium cars in India. It is also interested in introducing electric and hybrid cars. Meanwhile, the trend in the Indian automobile market is changing. A few years ago, hatchbacks were considered the best, after which sedans were hailed as another level. After that with the success of budget SUVs, SUVs have been the kings for the last 2-3 years.
But since the 4 premium sedan cars that were introduced in the last year have been well received by the people, the question has arisen among everyone whether the sedan kingdom will make a comeback. At the same time, the arrival and sale of electric cars has revolutionized the entire automotive industry. More importantly, all the electric cars introduced by Tata have not only registered massive success, but their success has inspired companies ranging from domestic to foreign companies to manufacture and introduce electric cars in India. As a manifestation of this, the Japanese car company Toyota has made an important announcement. Toyota, the world leader in the manufacture and sale of automobiles, has not lost its momentum in the segment of electric vehicles. Toyota will create a new specialist division to focus on next-generation electric vehicles, top executives have said. tesla has a lot of new startups competing, but it can’t compete with automakers that have been in the market for years. At this stage, Toyota was also paying too much attention to hybrid vehicles rather than fully electric vehicles. Toyota Motor Corp has announced that it will introduce 10 new electric vehicle models by 2026. It will also make a big difference in the Indian market. The hybrid cars recently launched by Toyota have been a huge success.