Maruti Suzuki: Over the next seven years, Maruti Suzuki plans to launch 10 new models, including six electric vehicles, in an effort to double total sales to four million units annually.
Maruti Suzuki to launch 10 new models by 2030
The biggest automaker in the nation is currently building its biggest manufacturing facility in Kharkhoda, Haryana, with a total installed capacity of one million vehicles. Work to double its production capacity has already begun.
Another factory with a one million unit capacity will be built, but the location has not yet been determined. This decision was made by the company board.
6 new EVs on the way
The eVX Concept, which will be the first electric car provided by the automaker with an electric motor, was on display by Maruti Suzuki at the recently held Auto Expo 2023. The automaker has also revealed that the production model of the eVX will be 4.3 metres long and powered by a 60 kWh battery pack with an advertised range of 550 kilometres.
Suzuki Motor Corporation’s mid-term strategic plan, Growth Strategy for FY30, states that the company’s goal is to offer “value-packed goods” while prioritising the demands of the customer. Suzuki will support the realisation of a carbon-neutral society and the economic success of emerging nations like India, ASEAN, and Africa, according to the corporation, with their core business regions of Japan, India, and Europe as the foundation.
According to Suzuki, depending on the dates set by each nation, the objective is to achieve carbon neutrality in Japan, Europe, and India by 2050 and in India by 2070, respectively.
Maruti aims to improve its production capabilities by collaborating with other parties, including start-up companies, the Suzuki Suppliers Association, and universities in Japan and India.
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