Suzuki will launch its first electric vehicle in India by 2025: reports

It is likely that Suzuki Motor Corp.’s Japanese cars will enter the Indian electric vehicle market by 2025. The company is expected to launch the country’s first model, according to a report by Nikkei Asia on Monday.

Suzuki’s four-wheeled business, which is partnering with Indian Maruti, is reportedly planning to market a compact electric model to Indian customers. Although not much detail was given in the report, it is likely to be the price between the electric car 10 lakh eta 11 lakh. The price, about $ 13,626, will include subsidies provided by the government on electric vehicles.

Fast

1197 cc | Gasolina | Manual

Ex-showroom price

8.09.205 ₹*From now on

Maruti Suzuki Baleno (HT Auto photo)

Whale

1197 cc | Gasolina | Manual

Ex-showroom price

9.17.054*From now on

Maruti Suzuki Alto (HT Auto Photo)

High

796 cc | Gasolina | Manual

Ex-showroom price

4.51.674*From now on


If the report is to be believed, it will help the Japanese carmaker to move faster in favor of electric mobility in the compact car category. Maruti Suzuki India is currently the largest automaker in India, and is also the main hub of the Japanese automotive industry in Asian markets. Maruti Suzuki’s sales in India are dominated by small, compact cars like Alto, WagonR, Baleno and Swift.

According to a report released by Nikkei Asia, the new electric vehicle will be launched first in India and then in Suzuki’s markets in Japan and other European bases.

Maruti Suzuki has long tested the electrified version of popular offerings like the WagonR on Indian roads. However, there is no official confirmation about the launch schedule. Although most of the competitors have started to favor electric mobility, or are planning it in the near future, Maruti Suzuki has had more of a voice about EV than CNG so far.

Despite being the fifth largest car market in the world, India has not seen much of a boost in customer behavior towards electric vehicles. Although there have been some encouraging signs regarding the two electric wheels, along with reasons such as the prices of the four electric wheels, severe anxiety and lack of infrastructure support, EV growth has slowed in the country.

The center had previously set a target of selling at least 30% of all cars by 2030. To make the change in favor of electric cars more profitable, the center has offered incentives to buyers who cost nearly Rs 100 crore over three years. Early 2019 period. Several state governments have also formulated their electric vehicle policies to increase the EV change in In

.

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