Friday, 24 March, 2023

Maruti plans to release first EV in 2025

<p>The parent company of Maruti, Suzuki Motors has announced that they will be investing Rs 10,440 crore to build a new factory in Gujrat to produce EVs and batteries. India&rsquo;s largest carmaker is planning for its first EV to be produced in the factory which would be released sometime in 2025. Newly appointed MD and CEO, Hisashi Takeuchi said that even though they are late in introducing an EV, the demand and sales of EVs in the Indian market are still very limited.</p>