Page 2 - Maruti Suzuki Ev

Tata Motors leads Indian EV market with a market share of 72%: Canalys

The sales of EVs in India jumped 137 per cent to 48,000 units in HICY23 as compared to H1CY22

Maruti takes an offensive stance in EV space, to launch 6 EVs by 2030-31

So far, Maruti Suzuki has shown little interest in launching electric powertrain vehicles and has advocated hybrid and CNG technology as better alternatives

Maruti Suzuki Invicto set to launch today, check price, features and more

Maruti Suzuki is set to launch its premium MPV, Invicto, today, on its official youtube channel Nexa Experience. The expected price of the Maruti Suzuki Invicto is Rs 19 lakh (ex-showroom)

Maruti's order book: 386,000 pending deliveries, 3-4 months waiting period

The company has the largest pending bookings for its best-selling MPV, Ertiga for which it has 85,000 pending orders

Automakers to invest $10 billion for enhancing EV manufacturing capacity

The capital expenditure will be allocated towards building green-field plants for EVs, better research and investment in battery plants, and support for grid charging infrastructure

Maruti, Hyundai witness drop in retail sale market share in FY23: FADA

Passenger vehicle leaders Maruti Suzuki India and Hyundai Motor saw their market share dip in FY23 as compared with FY22 as they struggled with shortage of electronic components, according to automobile dealers' body FADA. Tata Motors, Mahindra & Mahindra and Kia India on the other hand witnessed an increase in their market share based on the retail sales last fiscal. As per the Federation of Automobile Dealers Associations (FADA), the retail sales of country's largest carmaker Maruti Suzuki India rose to 14,79,221 units in 2022-23 fiscal, attaining a market share of 40.86 per cent. It had retailed 12,39,688 units in 2021-22 and grabbed a market share of 42.13 per cent. Earlier, the auto major had stated that it faced shortage of electronic components last fiscal with an order backlog of around 3.8 lakh units. Similarly, Hyundai Motor India saw an increase in retail sales at 5,25,088 units last fiscal, however its market share dropped to 14.51 per cent. It had sold 4,79,027 units

TMS Ep357: Maruti Suzuki EV, bank workweek, Adani stocks, lab-grown meat

What made Maruti Suzuki join the EV party? Is it time for banks to have a five-day workweek? Will Adani Group stocks see more sell-off? What is lab-grown meat? All answers here

Analysts remain bullish on Tata Motors as company drives in Tiago EV

Analysts at Nomura expect the Tiago EV to sell 3,000 - 5,000 units per month, and its overall EV sales to touch 60,000/ 96,000 in FY23/24

Maruti Suzuki's initial EVs will be in upper segment: R C Bhargava

Maruti Suzuki is creating infrastructure in India to assist its EV manufacturing

Maruti Suzuki to launch new Alto K10 on Thursday; check design, features

After almost a decade since the current model was introduced, the new Alto K10 is receiving a big update.

Maruti Suzuki aims to produce 2 mn units this fiscal: Chairman R C Bhargava

Maruti Suzuki India will increase its production and aims to produce 20 lakh units in the ongoing fiscal with improving availability of semiconductors, according to company Chairman RC Bhargava. In his address to shareholders in the company's annual report for 2021-22, he said the upcoming mid-sized SUV Grand Vitara will play a key role in the challenge to touch 20 lakh units. In 2021-22, total sales of Maruti Suzuki India Ltd (MSIL) increased by 13.4 per cent to 16.52 lakh units. It had lost out on sales in the first quarter of the fiscal due to the pandemic and production being affected by the shortage of semiconductors, mainly for domestic models, Bhargava wrote. "The number of unmet bookings with the company at the end of the year rose to about 2.7 lakhs," he said, adding MSIL's market share declined to 43.4 per cent from nearly 50 per cent as it lost some opportunity in the domestic market. As per Society of Indian Automobile Manufacturers (SIAM) data, domestic passenger vehic

Maruti takes the road to electrification with strong hybrid Grand Vitara

Grand Vitara will go on sale in September with prices expected to start at Rs 9.5 lakh

Maruti Suzuki not to have pure petrol cars in a decade, says official

Maruti Suzuki is also focusing on growing its sport utility vehicle portfolio and the market share in that segment

Maruti Suzuki looks to deploy strong hybrid tech across model range

Battery electric vehicles, CNG cars and greater focus on ethanol and bio-CNG compliant engines would also be prioritised going ahead

Maruti Suzuki June sales at 122,685 units, down 1.2% due to chip crunch

However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month

Maruti's Bhargava brushes aside concerns on EV project

IiAS has raised serious questions regarding the decision of the Suzuki Motor Corporation (SMC) to invest directly in the EV project instead of MSI doing it

Top headlines: Govt to seek crypto transactions log; Covid haunts economy

The tax authorities may tell banks crypto exchanges to report on virtual digital assets' transactions as India is starting is to tax gains from crypto

Suzuki Motor charges up for EVs, spells out strategy for the first time

The Japanese auto major spells out its strategy for the first time and puts its India subsidiary at the centre of its plans

Maruti's plans to launch electric car faces 2 issues: cost, charging infra

Maruti Suzuki India is currently testing a fleet of 50 prototype EVs based on WagonR model platform developed by Suzuki Motor Corporation in Japan

Maruti Suzuki to start testing a fleet of 50 prototypes of EVs from October

Suzuki Motor is also in the process of setting up a lithium-ion battery manufacturing plant in Gujarat's Halsalpur