Suzuki Motor Corp is expected to enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, as per the latest reports on Monday.
Suzuki Electric Vehicle Launch
Reportedly, Suzuki’s four-wheeler business operating in India in partnership with Maruti, is planning to launch an all-electric compact model for the Indian customers.
As per its plan, an all-electric compact model to be made available for around 1.5 million yen ($13,626) or Rs 10-11 lakh considering government subsidies.
Suzuki spokesperson said, “We have been saying that we will enter EV and strong hybrid cars in India by 2025,”.
Also added that the company has not announced any price or whether it will launch EVs in India first.
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Step Towards Electric Mobility
This move will definitely help the Japanese carmaker to move faster towards electric mobility in the category of compact cars.
At present, Maruti Suzuki sells the most cars in India compared to all car brands available here.
Also, most of these sales are dominated by the compact car segment such as Alto, WagonR, Baleno and Swift.
So, we can expect that the very first electric car would be in this segment.
Sources also indicate that the EV will first be launched in India and then followed to other markets, including its home market Japan and Europe.
With the current trends, in spite of being one of the largest car markets in the world, the shift to EVs in India is not too drastic.
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Affordable Electric Car
On one hand, the electric two- and three-wheelers are catching on, while factors like high prices and range anxiety in electric cars stunt EV growth here.
It seems that a small affordable electric car could be an answer.
At the start of this month, a test mule of an electric Suzuki was spotted in India without any camouflage.
Looks like that the automaker had been testing the Japanese market Wagon R Electric Kei car during its development phase, also spotted on the roads on multiple occasions.
But that changes now as a new car based on the current-generation India-spec Wagon R has been seen with a new design.
Lets see what this space holds in future.
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