Maruti Suzuki India gears up to launch its first EV with 500-km range in Jan
Maruti Suzuki India on Tuesday said the automaker is geared up to launch its first electric vehicle (EV) with a range of 500 km per charge in January next year.
Maruti Suzuki India on Tuesday said the automaker is geared up to launch its first electric vehicle (EV) with a range of 500 km per charge in January next year.
Maruti Suzuki India sold a total of 1.82 lakh units in August, down nearly 3.9 per cent (year-on-year) from 1.89 lakh units in the same month last year.
R C Bhargava said the company’s first EV would be produced in a few months and would be exported to global markets.
The country's leading carmaker Maruti Suzuki India Ltd on Thursday reported a 9.6 per cent decline in sales for July, at 137,463 units compared to the same month last year even as exports went up during the month.
Maruti Suzuki registered net sales of Rs 33,875.3 crore during the quarter as against Rs 30,845.2 in the same period of FY 2023-24.
At present, the industry is grappling with rising costs of steel, plastics and rare metals in addition to high forms of levies, insurance and road tax
Bhargava noted that the auto industry has developed so much because the people in this country have a great aspiration to own a car
Bhargava also said Maruti Suzuki India has outlined a capex of Rs 4,500 crore in the ongoing fiscal for its various business purposes
The sales in the domestic market stood at 308,095 units, while exports were at 45,519 units.
The company was first to believe in the potential of upcountry markets. In 2008, MSIL strengthened its strategy with a focused and structured approach towards the rural hinterland, which was least affected by the global financial crisis then.
