Maruti Suzuki EV

Maruti Suzuki India aims to bolster charging infrastructure in the country before it drives in e VITARA with plans to establish the model as a primary vehicle in a household, according to a senior company executive. The auto major also plans to boost after-sales support, bring in a leasing model and more finance options to encourage customers to buy the model. "One of the major concerns for the customer is the adequacy of the public infrastructure in terms of the chargers. So we are planning to have a fast charger at a frequency of 10 kilometers in the top 100 cities," Maruti Suzuki India (MSI) Senior Executive Officer (Marketing & Sales) Partho Banerjee told PTI in an interaction. Currently top 100 cities in the country account for almost 97 per cent of the total EV sales, he stated while elaborating on the plan. "We believe that the customer who will be buying the car will be moving out of the city as well so we want to make our e VITARA as the primary car, not the secondary car

The Maruti Suzuki's e-Vitara electric vehicle (EV) is expected to fuel long-term growth, especially with strong export potential, analysts said.

On the bourses, at 12:45 PM, Maruti Suzuki share was trading 0.21 per cent lower at Rs 11,965.15 per share. In comparison, BSE Sensex was trading 1.01 per cent higher at 76,128 levels

Maruti Suzuki plans to ready 1,500 EV-enabled service workshops across 1,000 cities; Hyundai plans to localise the EV supply chain through battery packs

EV unit and platform used for this model were jointly developed by SMC, TMC, and Daihatsu Motor Corporation, leveraging each company's strengths

Nomura believes Govt's launch of the PM E-DRIVE scheme will extend policy support certainty for EV over the next two years

Maruti Suzuki India is awaiting a policy framework that promotes all clean technologies resulting in petrol and diesel cars being replaced by vehicles using such eco-friendly technologies, according to its Chairman RC Bhargava. In his address to shareholders in the company's annual report for 2023-24, he said industrial growth requires stability of policies and a predictable work environment. He also expressed hope that in the third term, Prime Minister Narendra Modi-led government will continue its emphasis on building infrastructure, maintaining fiscal prudence, keeping inflation under control, implementing reforms that make manufacturing more competitive and trusting the private sector. "Some believe that your company has been slow to manufacture electric vehicles. We decided to adopt a more diversified approach to meeting national objectives and did not want to put all our eggs in one basket," Bhargava wrote. He further said the government has also accepted that in India there

The UP govt move to waive registration fee on hybrid cars led to substantial decline in on-road price of strong hybrids in the state to the tune of around 10% and is expected to accerlerte sales.

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

Betting big on the entry-level segment, Maruti Suzuki India on Thursday said it will continue to "re-energise" the small car segment as the automaker expects the vertical to revive over the next few years, according to MD & CEO Hisashi Takeuchi. Speaking at the launch of the new generation Swift here, he noted that the automaker aims to cater to the diverse needs of customers as it aims to sell 40 lakh units by 2030-31. Takeuchi noted that the entry-level segment continues to be a high volume vertical accounting for around 28 per cent of the overall domestic passenger vehicle sales. "For us to maintain our leadership position, it is important to cater to diverse customer segments. The hatchback segment in India continues to be a high-volume segment, accounting for approximately 28 per cent of total passenger vehicle sales," Takeuchi said. Interestingly, the premium hatchback segment contributes nearly 60 per cent of total hatchback sales, he noted. "As a market leader, we took the

The Maruti Suzuki chief said that his company has been capitalising on this SUV surge, adding that MSIL's introduction to the EV market is unlikely until the end of FY25

With 3XO's launch, M&M management aims to be among the top two players in the compact SUV segment over the course of three years

The company anticipates that 25 per cent of its sales will come from strong hybrids in the foreseeable future

Maruti Suzuki India plans to start exporting Electric Vehicles (EVs) from India this year after launching them in the country, a senior company official said on Thursday. The company also expects to export lithium-ion battery cells and modules worth around Rs 750 crore this fiscal. "This year itself we will start exports of EVs to countries like Europe and Japan," Maruti Suzuki India Executive Director Rahul Bharti said at the Vibrant Gujarat Global Summit here. On the export of battery cells and modules, Bharti said, "We are exporting it to advanced countries like in Europe. We will be touching almost Rs 750 crore of lithium-ion advanced chemistry cells, battery packs and module exports this financial year." Automotive Electronics Power Private Ltd (AEPPL) -- a joint venture between Japan's TOSHIBA Corporation, Denso Corporation and Suzuki Motor Corporation, has a lithium-ion battery plant at Hansalpur in Gujarat. Maruti Suzuki procures the cells and models from the JV and export

MSIL, the quintessential maker of small cars, has not fallen short of taking a bet on small hatchbacks even when there seems to be a structural shift in the Indian market towards larger cars

Maruti will also join the EV bandwagon with its first born-electric SUV, the eVX, which is slated to be launched in India towards the end of 2024

While Maruti Suzuki retains a dominant market share in the petrol-powered affordable cars segment, given the size and range of the vehicle, the eVX is unlikely to be as affordable as Tata's Tiago EV

Leading car manufacturer Maruti Suzuki on Wednesday announced that its upcoming electric SUV will be manufactured in Gujarat, and a new plant will be added to the company's existing manufacturing facility in Hansalpur, nearly 90 km from here. Suzuki Motor Gujarat Private Ltd (SMG), which runs the car manufacturing plant at Hansalpur, is a wholly-owned subsidiary of Maruti Suzuki and commenced operation in February 2017. "Our first EV, an SUV, will be launched in the next financial year of 2024-25. It will come out from SMG's Gujarat plant. At present, the entire SMG facility at Hansalpur has three plants - plant A, B and C. Now, to manufacture the EV, a new plant, also called a production line, will be added there," Maruti Suzuki Executive Director (Corporate Affairs) Rahul Bharti told reporters. The upcoming EV SUV, to be produced here at the SMG plant, will be exported too, he added. In March 2022, SMG's parent firm Suzuki Motor Corporation signed an MoU with the Gujarat governme

Maruti is offering discounts of up to Rs 45,000 for the petrol manual transmission and automatic variants of Brezza

"We will have at least six models and will start from the premium end, maybe with a sports utility vehicle," says R C Bhargava, Chairman, Maruti Suzuki India