Maruti Suzuki to Launch First Electric Vehicle This Fiscal Year

Maruti Suzuki will launch its first electric vehicle (EV) within the ongoing financial year.

  • Maruti Suzuki will launch its first electric vehicle (EV) within the ongoing financial year.
  • The company will continue to promote eco-friendly technologies like strong hybrid, biogas, flex fuel, and CNG to reduce emissions and fuel consumption.
  • Maruti Suzuki aims to balance its production by offering both high-cost SUVs and affordable small cars.

Maruti Suzuki, India’s largest carmaker, has announced plans to launch its first electric vehicle (EV) within the ongoing financial year. The company will also promote eco-friendly technologies like strong hybrid, biogas, flex fuel, and CNG to reduce emissions and fuel consumption. Chairman R C Bhargava emphasized the need for a policy framework to accelerate the adoption of alternative technologies.
Maruti Suzuki will introduce electric cars soon, but Bhargava also urged customers to consider cars with strong hybrid technology, CNG, ethanol, and biogas. The company aims to balance its production by offering both high-cost SUVs and affordable small cars, acknowledging the importance of small car sales for attracting first-time buyers and sustaining market growth.
Maruti Suzuki’s strategic approach includes launching its first EV later this fiscal year and expanding to half a dozen models by FY31. The company is also exploring the potential of biogas production from agricultural, animal, and human waste, aiming for supportive government policies to accelerate this development.
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