Maruti Suzuki confirmed that India will get four BEVs by 2030, with the first being the e Vitara, set to launch later this year.

Maruti Suzuki India Ltd. closed 9.91% short of its 52-week high of 13,675.00 rupees, which the company achieved on August 1st.

Maruti's Japanese parent Suzuki appears to be recalibrating its electric vehicles strategy in India with plans to launch four new electric .

Maruti Suzuki has reduced its India sales target to 2.54 million units per annum from 3.25 million estimated earlier by FY30, but the production target of 4 million units remains intact.

Maruti Suzuki India Ltd. closed 7.28% below its 52-week high of 13,675.00 rupees, which the company reached on August 1st.

India's largest carmaker Maruti Suzuki plans to increase its market share in India to as much as 50 percent as outlined by its 2030 plan. The carmaker will also launch 6 battery electric vehicles in India by 2030 and it starts with the e Vitara which is launching soon.

Strengthening Maruti Suzuki’s Position in India. In India, where Suzuki owns 58.19 per cent of Maruti Suzuki India (MSI), the company will strengthen its SUV and MPV lineup. It

Suzuki Motor Corp, the parent company of Maruti Suzuki, has revealed in its ‘Mid-term Management Plan’, that it is rethinking its India strategy, amid a declining market share. The press release shows that along with a 15 percent downward revision of its long-term sales outlook,