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Informist, Tuesday, Sep 10, 2024

By Darshan Nakhwa

NEW DELHI – Maruti Suzuki India Ltd will launch its first electric vehicle at the Bharat Mobility show in January, the automaker's head of marketing and sales Partho Banerjee said today on the sidelines of the annual convention of the Society of Indian Automobile Manufacturers. The electric vehicle will be powered by a 60 kWh battery and offer a range of over 500 km.

"We will have a high-specification electric vehicle with a high range of the order of 500 km and powered by a 60 kWh battery. We will have multiple such products," the company's Managing Director and Chief Executive Officer Hisashi Takeuchi said at the same event. Maruti Suzuki will launch its all-electric sports utility vehicle eVX.

The company is also likely to look at setting up charging infrastructure for electric vehicles and provide resale avenues for such models. "To increase customer confidence, we will export these same EVs (electric vehicles) to markets like Europe and Japan. On top of that, we will come up with a range of solutions for our EV customers to remove their concerns on owning an EV. We will use the strength of our network to give confidence to the customers for after-sale support," Takeuchi said.

"According to our research, 95% of consumers charge their electric vehicles at home. Despite that fact, it is important that customers be at peace when they are travelling intercity. When someone is stuck in a jam, and during temperature spikes, the range drops drastically in an EV vehicle. We are going to come with a holistic programme to develop the ecosystem," Banerjee said. 

"Anytime any new technology or product comes, initially there are always some early adopters. We feel that if we are able to address all these concerns, growth will be sustainable. We want to be a major player in the electric vehicle segment," he said.

Maruti Suzuki, India's largest passenger vehicle manufacturer, will be a late entrant in the electric vehicles space, which is dominated by Tata Motors Ltd.

Today, shares of Maruti Suzuki India ended 1.1% higher at 12,278.90 rupees on the National Stock Exchange.  End

Edited by Avishek Dutta

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