Maruti’s first electric car will not be for the mass market said Maruti Chairman as per the Reuters news, Toshihiro Suzuki, president of Japnespace Automaker, Suzuki. also plans to launch 6 new electric cars in the Indian market, It is also expected that Suzuki may not launch electric vehicles of its existing models, this month Suzuki also unveiled that it has the plan to launch 8 new two-wheelers in Indian market by 2030 shared in Strategy Plan.
Suzuki EV partially depends on its Japanese partner Suzuki Motor Corp. it will learn EV technology from Toyota Motor and Launch its first compact electric car in India, but no exact date is revealed yet. As you know Toyota is a leader in the auto industry in the world, it has a 5% of Stake in Suzuki that’swhy Toyota will help Maruti to build its EV roadmap.
RC Bhargava, Chairman of Maruti Suzuki India Limited, had earlier hinted that the carmaker will not join the EV bandwagon unless the business becomes viable enough for it. The company aims to sell at least 10,000 EVs a month eventually as volume is key to Maruti. “EVs are not going to be a large part of car sales, irrespective of what other manufacturers are saying or planning,” Bhargava had said in June last year.
As we know, Suzuki is a core player in the compact and affordable carmaker in India for a long decade but still not launch its first EV in the Indian market while its big rivals Hyundai Motor and Tata motor, and Mahindra each of them introduced its first EV in the market, whereas Tata, Hyundai launch at least 4-5 electric vehicles in India, and Mahindra introduce XUV400 and also plan to launch 5+ ev in next few years.
More recently, Bhargava said that Maruti’s first electric car will not be for mass market. “In the beginning, they will be in the upper segment of the market. They are not going to come in the lower end initially. We hope to get good customer acceptance for these EVs as these have been carefully designed and made,” he said.
