Maruti Suzuki to Launch EVs in this Financial Year
The company is also exploring various alternative fuel options, including strong hybrids, biogas, flex fuel, and CNG, to offer customers a diverse and eco-friendly portfolio.
Maruti Suzuki India Limited, India’s No 1 car makers, is gearing up to introduce its first electric vehicle (EV) by the end of this financial year. The company is also exploring various alternative fuel options, including strong hybrids, biogas, flex fuel, and CNG, to offer customers a diverse and eco-friendly portfolio.
Chairman R C Bhargava emphasized the importance of supportive government policies in accelerating the adoption of cleaner vehicles and reducing the country’s reliance on fossil fuels. He highlighted the potential of biogas as a carbon-negative and domestically produced fuel source.
Maruti Suzuki is investing heavily in research and development to enhance its engineering capabilities and reduce dependence on imports. The company believes that a multi-pronged approach is crucial for India’s transition to a sustainable mobility ecosystem.
While other automakers are primarily focusing on battery electric vehicles (BEVs), Maruti Suzuki is taking a holistic approach by offering a mix of electrification options. The company has already launched strong hybrid models and is committed to introducing more affordable EVs in the future.
Despite the growing popularity of SUVs, Maruti Suzuki remains committed to the small car segment, which is crucial for driving mass motorization in India, he said.
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