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Informist, Tuesday, Dec. 2, 2025

 

NEW DELHI – Maruti Suzuki India Ltd. is confident of emerging as India's leading electric vehicle manufacturer as early as next year, the company's senior executive officer, sales and marketing, Partho Banerjee, said Tuesday. The production focus will not only be on sales in India but also on export markets.

 

"We are the biggest one...we will be, friend. We're selling cars in many markets", Banerjee told reporters on the sidelines of the launch of e VITARA in India Tuesday.

 

Maruti Suzuki India forayed into the EV segment with e VITARA, which is being manufactured at the company's plant in Gujarat. The Gujarat facility has a planned production capacity of 100,000 electric vehicles per annum. 

 

The automaker is hopeful the share of electric vehicles in India will more than triple over the next five years. "If you address all these concerns (related to electric vehicles), surely the penetration, which is today at 4%...I think by 2030 we're hopeful it should go around 13-15%," Banerjee said.

 

Banerjee said that the delay in the launch of e VITARA was because the company wanted to launch the car with a conducive electric vehicle ecosystem in place. The sports utility vehicle was first unveiled in January at the Auto Expo 2025. Maruti Suzuki had started exporting the car earlier this year to Europe, where it got a positive response in the UK. Sales of e VITARA will start in 2026, though Banerjee declined to set a timeline for when bookings will open.

 

Maruti Suzuki plans to make an electric vehicle play on a par with its offerings using other technologies, the executive from India's largest automaker said. At the vehicle's launch Tuesday, the company stressed upon the infrastructure it had developed before its entry – over 2,000 charging points in over 1,100 cities and the 1,500 service centres ready to service electric vehicles.

 

The e VITARA will stand out from competitors by providing a reliable electric vehicle infrastructure and learning from customer complaints its competitors had received over the years, despite Maruti's late entrance into the segment, Banerjee said. The automaker is joining the electric vehicle market more than a decade after the government's flagship scheme to increase electric vehicle production and use – Faster Adoption and Manufacturing of Hybrid and Electric Vehicles – was launched in 2015.

 

As part of the strategy, the company is committed to assuring adopters that the value of their Maruti electric vehicles will be protected. This is why, the e VITARA will offer battery-as-a-service scheme and an assured buyback from the company, Banerjee said. He, however, added that the automaker expects a poor adoption of the battery-as-a-service model for the e VITARA as well, in line with other manufacturers. 

 

For the September quarter, Maruti Suzuki reported a net profit of INR 32.93 billion on revenue of INR 421.01 billion. On Tuesday, shares of the company closed nearly 1% higher at INR 16,239 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Aryan Khanna and Shakshi Jain

Edited by Deepshikha Bhardwaj

 

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