Maruti Suzuki’s begrudging EV debut

Despite plans to launch its first electric car next year, India’s largest carmaker still insists there’s no big future in EVs.

The much-coveted Tokyo Motor Show last week saw Suzuki Motor Corp., the Japanese parent of India's largest carmaker, unveil a highly anticipated concept model.

The Maruti Suzuki eVX, a compact sport utility vehicle expected to hit the Indian market sometime in late 2024, was shown off by Suzuki president Toshihiro Suzuki, marking another step towards its potential debut in the electric vehicle space.

The company also announced plans to build its presence in the EV space, hoping to have six fully electric, battery-powered vehicles in its lineup by 2030. Suzuki’s Gujarat subsidiary is already investing over Rs 7,000 crore for …

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Azman Usmani

Azman writes on climate change, ESG, and how a warming world impacts businesses and people alike. Prior to The Morning Context, he led climate coverage at BloombergQuint, where he started his career as a desk writer.

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azman@mailtmc.com

Mumbai