Here’re The Ones Who Starred (And Those Who Didn’t) At A...
- Mar 21, 2022
- Views : 1447
Suzuki plans to set up EV battery manufacturing in 2026.
Vehicle recycling plant to come up in Gujarat in 2025.
First Maruti Suzuki electric vehicle should be priced well under Rs 20 lakh.
Maruti Suzuki is one step closer to building electric vehicles (EVs) in India. Suzuki of Japan has entered an agreement with the Gujarat government to invest the equivalent of Rs 10,440 crore to build manufacturing units for electric cars and EV batteries in the state. We could see the first locally manufactured all-electric model from Maruti sometime in 2025.
The global carmaker has planned a massive investment of Rs 3,100 crores to expand the capacity of its facility near Ahmedabad for EV production. The plant currently builds cars and engines for the domestic and export markets.
In 2026, a new EV battery manufacturing unit will also come up beside the existing production units. The bulk of Suzuki’s investment, Rs 7,300 crore, is reserved for the construction of this facility. In addition, Maruti Suzuki Toyotsu will also get a new vehicle recycling facility in the state in 2025 at a cost of Rs 45 crore.
Also read:
MG Motor Teases New Electric Vehicle That Could Inspire Upcoming EV For India
Hyundai’s Massive EV Plan Revealed; To Offer 6 All-electric Vehicles By 2028
All-electric Mahindra XUV300 To Be Launched By April 2023: Veejay Nakra
We expect the first all-electric Maruti Suzuki to debut around the same time in 2025. It could be an electric SUV based on the Futuro-e concept that was unveiled at Auto Expo 2020. It’s too early to talk about specifics, but you can expect a price tag of well under Rs 20 lakh, which would make the Maruti EV a rival to the Tata Nexon EV and upcoming MG and Hyundai electric cars.
Maruti Suzuki has repeatedly asserted the impracticality of EVs, owing to their high cost of development, import and production. However, with ever-growing charging infrastructure and steadily evolving buyer preferences for zero-emissions vehicles, we expect the market will be ripe for Suzuki’s EV models when India’s largest carmaker introduces its first electric car.
Here’re The Ones Who Starred (And Those Who Didn’t) At A...
10 Lucky People To Win Gift Hampers With Maruti Suzuki Celerio Lucky...
Maruti Suzuki Rock N Road: Redefining the SUV Experience
Next-gen 2024 Maruti Suzuki Dzire Spied For The First Time, Offering...
2024 Maruti Suzuki Swift Unveiled In Germany Ahead Of India Launch...
5 Features The Next-gen 2024 Maruti Suzuki Swift Is Expected To Get...
5 New Features That The 2024 New-gen Maruti Suzuki Swift Could Get...
Here Are The Top News In The Indian Car Industry From The Past Week
Check Out What Made Headlines In The Indian Car Industry Past Week
Bosch Car Service: Your Trusted One-stop Destination for Car...
India's largest automotive community