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Suzuki CEO worried over India's electric push despite sales boom

Current sales of electric cars in India remain negligible, mainly due to the high cost of batteries

Reuters  |  Tokyo 

A sudden move to electric cars in India, which is considering electrifying all vehicles over the next 15 years, could catch Japan's Suzuki Motor Corp out in its largest market. "As the industry shifts towards EVs (electric vehicles), when it comes to India, our volumes are so large that I worry that we could be caught flat-footed if there was a sudden shift towards electrification," CEO Toshihiro Suzuki said on Thursday. India appears to be focusing on electric vehicles in a shift away from a government policy that incentivises both hybrid and battery-electric ...

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First Published: Fri, November 03 2017. 01:14 IST