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Maruti Suzuki's initial EVs will be in upper segment: R C Bhargava

Maruti Suzuki is creating infrastructure in India to assist its EV manufacturing

R C Bhargava, Maruti Suzuki India chairman
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R C Bhargava, Maruti Suzuki India's Chairman

Deepak Patel New Delhi
Maruti Suzuki India’s (MSIL’s) early-stage electric vehicles (EVs) will be launched in the upper price band, its Chairman R C Bhargava said on Wednesday.

The carmaker expects to launch its first EV in 2024-25 (FY25), while answering shareholder questions at the company’s annual general meeting in the Capital.

According to its green energy programme, MSIL will manufacture anywhere between 400,000 and 500,000 compressed natural gas (CNG) cars in 2022-23, marking a big jump from about 250,000 CNG cars manufactured in 2021-22, he said.

“The EV production is going to take place in the Suzuki plant in Gujarat. We expect EVs

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First Published: Aug 31 2022 | 6:54 PM IST

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