Skoda Auto Seeks Local Partner to Boost Growth in India

Skoda Auto, aiming for a 5% market share in India by 2030, is seeking a local partner to enhance its market presence. CEO Klaus Zellmer believes a true partnership, combined with Skoda's engineering strengths, can create a successful strategy. This collaboration could help Skoda launch competitively priced products and leverage the Volkswagen Group's expertise in battery cell manufacturing. Skoda's future plans include introducing a battery electric vehicle by 2027-28 and considering hybrid models to cater to diverse consumer preferences in the Indian market.

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