Maruti takes an offensive stance in EV space, to launch 6 EVs by 2030-31

So far, Maruti Suzuki has shown little interest in launching electric powertrain vehicles and has advocated hybrid and CNG technology as better alternatives

Maruti Suzuki
Maruti Suzuki appears determined to replicate what it did in the SUV segment in the electric cars market as well
BS Web Team New Delhi
2 min read Last Updated : Jul 06 2023 | 2:05 PM IST
Maruti Suzuki has confirmed that it will launch as many as six electric vehicles (EVs) in the country by the financial year 2030-31, HTAuto has reported. Currently, the company offers its cars with petrol and CNG-compatible engines.

As things stand, the electric vehicles four-wheeler market is dominated by the offerings of Tata Motors, its Nexon EV and Tiago EV being the key products. However, Maruti Suzuki appears determined to replicate what it did in the SUV segment in the electric cars market as well.

As the country's largest car manufacturer looks to make space for itself in the electric vehicle market, the likes of an electric version of the WagonR have been spotted. The company also showcased its eVX concept electric vehicle at the Auto Expo 2023, and the same is undergoing testing.

So far, Maruti Suzuki has shown little interest in launching electric powertrain vehicles and has advocated hybrid and CNG technology as better alternatives. However, the company still prepares to launch its first electric vehicle, waiting for the scale and affordability-related concerns to wane. The first electric vehicle from the company is expected to be launched in FY 2024-25, HTAuto reported.


eVX concept: specifications, range

The eVX concept is 4300 mm long, 1800 mm wide, and 1600 mm tall. The car's production version is expected to be very close to these dimensions. Earlier, Maruti had said that the EV would come powered with a 60 kWh battery pack, and estimates say that the vehicle may be able to go 550 km on a single charge.

In its blitzkrieg-style launches, Maruti Suzuki carpet-bombed the SUV space by introducing a series of products one after another, acquiring more than 50 per cent of the SUV space in the process.

The company went from having just the Brezza, XL6, and S-cross to a wide portfolio of products which now includes the Jimny, Grand Vitara, Fronx, Invicto, and the face-lifted version of Brezza alongside the XL6. Maruti discontinued S-cross as the car was among the lower-selling products of the company.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Maruti Suzuki AutoMaruti Suzuki EVMaruti Suzuki WagonRMaruti Suzuki IndiaElectric vehicles salesElectric vehicles in IndiaBS Web Reports

First Published: Jul 06 2023 | 2:05 PM IST

Next Story