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Maruti Suzuki to boost India’s EV market with localized production, expanded charging, and new models by 2030.
Maruti Suzuki plans to localize EV battery and key component production in India, starting with the launch of its e-VITARA next year, to address consumer concerns over range, charging infrastructure, and resale value.
The company aims to expand its EV network to 1,500 workshops across 1,100 cities and build around 100,000 charging stations by 2030, while introducing buyback and subscription programs to boost confidence.
It expects to offer five EV models by FY30, targeting 13–15% market penetration in a projected 5.5–6 million vehicle market, though recent policy changes may affect these goals.
Maruti has already exported 10,000 e-VITARA units to 26 countries.
A KPMG report forecasts India’s EV sales could reach 22 million units by 2035, emphasizing the need for secure raw material supply chains and domestic refining to support growth.
Maruti Suzuki impulsará el mercado de vehículos eléctricos de la India con producción localizada, carga expandida y nuevos modelos para el año 2030.