Maruti Suzuki chairman sees hydrogen as ’interesting alternative’
3 years, 5 months ago

Maruti Suzuki chairman sees hydrogen as ’interesting alternative’

Live Mint  

The use of hydrogen power for mobility is an "interesting alternative" for India, especially as it would reduce dependence on lithium imports, the chairman of Maruti Suzuki, India's top-selling carmaker, said on Monday. To reduce fuel consumption and emissions, Maruti is pushing sales of cars that operate on compressed natural gas, and is also investing in hybrid technology, he said, adding that "the use of hydrogen is also an interesting alternative". Suzuki Motor Corp, which controls Maruti, is also prioritising development of clean technologies suitable for the Indian market, Bhargava said, adding that Suzuki's alliance with Toyota Motor Corp in Japan would prove valuable for this effort. Bhargava's comments come as debate around EVs is gathering steam in India, with Tesla Inc lobbying the government to lower import duties on electric cars.

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EV stakeholders deliberate on development of battery charging and swapping infrastructure
1 week, 1 day ago

EV stakeholders deliberate on development of battery charging and swapping infrastructure

Deccan Chronicle  

New Delhi: Various stakeholders from the electric vehicle sector on Friday held deliberations with commerce and industry minister Piyush Goyal here on various issues, including development of battery charging and swapping infrastructure. Officials from department of heavy industries, department for promotion of industry and internal trade and auto majors including Tata, TVS and Mercedes-Benz India among others also participated in …

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025
2 weeks, 4 days ago

Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025

Live Mint  

New Delhi, Dec 24 Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced …

Maruti Suzuki To Unveil Its First EV e Vitara At Bharat Mobility Global Expo In 2025
Trending News
3 weeks, 1 day ago

Maruti Suzuki To Unveil Its First EV e Vitara At Bharat Mobility Global Expo In 2025

ABP News  

Maruti Suzuki will enter into the EV segment with its first made for India EV which also has a HEARTECT-e platform specially designed for Battery Electric Vehicles. The car has short overhangs, flat floor and will have more features than other Maruti Suzuki cars thus showing its premium status. The range would be around 550km per charge and that is …

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga
3 weeks, 4 days ago

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga

Live Mint  

Automaker Maruti Suzuki has reached a significant production milestone, becoming the first original equipment manufacturer in India to produce two million vehicles in a single calendar year, reported ANI. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, highlighted the achievement as a reflection of India's growing manufacturing capabilities and the company’s commitment to the 'Make in India' initiative. …

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October
2 months, 1 week ago

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October

Hindustan Times  

Maruti Suzuki achieves a new sales record in October, with 2.06 lakh units sold. The company primarily sold utility vehicles, with the Brezza, Ertiga, and Grand Vitara accounting for 70.644 units, a significant increase from last year's 59,147 units. The compact car segment, including the Baleno and Celerio, saw a decline in sales, while the 'mini' segment experienced a significant …

Maruti Suzuki and Toyota's Born EV: A Game Changer for India
2 months, 1 week ago

Maruti Suzuki and Toyota's Born EV: A Game Changer for India

ABP News  

Maruti Suzuki and Toyota are developing a new electric vehicle (EV) for India. The BEV will be a born EV, meaning it will have no similarity to other ICE engine cars in the Maruti or Toyota range. It will be produced at the Suzuki Motor plant in Gujarat and will be a 4m plus SUV like the Grand Vitara. The …

Maruti Suzuki to introduce EVs in few months, awaits policies for clean tech like CNG, biogas, ethanol : R.C. Bhargava
5 months, 1 week ago

Maruti Suzuki to introduce EVs in few months, awaits policies for clean tech like CNG, biogas, ethanol : R.C. Bhargava

Hindustan Times  

Maruti Suzuki will introduce EVs in a few months, Chairman R.C. Bhargava wrote in his address to shareholders in the auto giant's 2023-24 annual report, adding that the automaker is also awaiting a new policy framework that promotes multiple types of clean technologies including CNG, biogas, and ethanol. When it came to Maruti Suzuki's slow adoption of EVs, Bhargava said, …

Small, lean and lightweight: What is Suzuki's ‘energy minimization’ EV plan?
5 months, 3 weeks ago

Small, lean and lightweight: What is Suzuki's ‘energy minimization’ EV plan?

Live Mint  

Japan's Suzuki Motor Corporation, the parent company of India's largest carmaker Maruti Suzuki, on Wednesday said it will develop small, lean battery packs with efficient and small electric units for its upcoming electric vehicles. Toshihiro Suzuki, president, Suzuki Motor Corporation, in a presentation said that Suzuki will develop batteries that "use the minimum and necessary batteries without excess," ensuring high …

The way forward for investments in the EV space | Explained
5 months, 4 weeks ago

The way forward for investments in the EV space | Explained

The Hindu  

The story so far: According to media reports, the government is looking to expand the scope of its electric vehicle policy, announced in March, to include a retrospective effect. The policy announced in March aimed to provide Indian consumers with access to the latest technology and strengthen the EV ecosystem by encouraging healthy competition among EV players by attaining higher …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months, 3 weeks ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list
9 months, 2 weeks ago

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list

Hindustan Times  

Maruti Suzuki India Ltd is now India's 19th listed company to cross ₹4 lakh crore market capitalisation as the company's shares surged over 23 per cent so far in 2024. As Japanese Yen hit a 34-year low despite country's exit from negative interest rates, Maruti's EBITDA could benefit by cutting costs for imported goods and services. Maruti Suzuki exceeded expectations …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 3 weeks ago

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time

Live Mint  

In a noteworthy achievement, shares of Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. Today's rally came after the global brokerage firm CLSA stated in its recent note that the …

Tesla: Red carpet welcome in India?
9 months, 3 weeks ago

Tesla: Red carpet welcome in India?

Live Mint  

India has announced a policy for electric vehicles that lowers the import duty for foreign-made EVs brought in by overseas auto majors. They’ll be allowed to import annually up to 8,000 EVs valued at $35,000 or more at a reduced import duty of 15% for five years, provided they invest at least $500 million in local manufacturing over the next …

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids
10 months, 2 weeks ago

JM Financial raises target on Maruti Suzuki as trend seems shifting to hybrids

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, is likely to be a key beneficiary as the customer preference seems to be slowly shifting towards hybrid vehicles from electric vehicles, analysts said. Meanwhile, Maruti Suzuki India is working on multiple technologies, such as Hybrids, EVs, Flex-fuel and Biogas in addition to ICE and CNG as the company believes …

Suzuki aims high with electric air copters, eyes India and the US: Report
10 months, 4 weeks ago

Suzuki aims high with electric air copters, eyes India and the US: Report

Live Mint  

Japanese auto major Suzuki Motor Corporation is poised to soar into the skies with its latest venture – electric air copters. With a vision to pioneer new mobility solutions, the company is gearing up to introduce compact air taxis designed to transport up to three passengers, including the pilot, ras per a Times of India report. With a take-off weight …

Suzuki aims high with electric air copters, eyes India and the US: Report
10 months, 4 weeks ago

Suzuki aims high with electric air copters, eyes India and the US: Report

Live Mint  

Japanese auto major Suzuki Motor Corporation is poised to soar into the skies with its latest venture – electric air copters. With a vision to pioneer new mobility solutions, the company is gearing up to introduce compact air taxis designed to transport up to three passengers, including the pilot, ras per a Times of India report. With a take-off weight …

India will become auto technology provider to the developing world: Bhargava
11 months, 1 week ago

India will become auto technology provider to the developing world: Bhargava

Live Mint  

New Delhi: India’s car industry will drive its manufacturing growth and play a big role in attracting investments and prosperity, Maruti Suzuki chairman R.C. These are themes he addresses in his latest book, Impossible to Possible, in which he describes what made Maruti Suzuki, the first and only instance of the government-run public sector undertaking forming a joint venture with …

India's 'Suzuki moment' with Tesla? ‘Musk really admires what Modi has done’
11 months, 4 weeks ago

India's 'Suzuki moment' with Tesla? ‘Musk really admires what Modi has done’

Hindustan Times  

Global electric vehicle giant Telsa is currently in advanced talks to make a significant foray into India. The company is contemplating a staggering investment of nearly $30 billion over the next five years, according to people closely involved with the company’s official business plans, signalling a potential game-changer for the country's burgeoning EV landscape. India's Prime Minister Narendra Modi shakes …

Tesla makes big plans for India: May set up factory, make new car for developing nations
11 months, 4 weeks ago

Tesla makes big plans for India: May set up factory, make new car for developing nations

Hindustan Times  

As India moves closer to drafting a new electric vehicles policy, Tesla is in advanced talks to make an entry into the country and may be open to committing nearly $30 billion in investments, directly and indirectly, over the next five years in a manufacturing plant, and battery ecosystem and ancillary industries, people closely involved with the company’s official business …

Suzuki to invest Rs 38,200 crore in Gujarat car plant
1 year ago

Suzuki to invest Rs 38,200 crore in Gujarat car plant

Deccan Chronicle  

Pune: Japanese automaker Suzuki Motor Corporation’s president Toshihiro Suzuki announced on Wednesday that the company will invest Rs 35,000 crore to build a second car plant in Gujarat and will add a new production line at an existing plant. The maker of the popular car models Grand Vitara and Swift has said it wants to double its annual production capacity …

’Raise ambition’: Amitabh Kant tells Indian carmakers as China leads EVs market
1 year ago

’Raise ambition’: Amitabh Kant tells Indian carmakers as China leads EVs market

Live Mint  

Amid the fierce competition in the auto industry around the world with the advent electric cars, former NITI Aayog CEO has shared a piece of advice for Indian car companies. Amitabh Kant has appealed to Indian carmakers to raise their ambition as by the end of the decade, the world will witness a big boom in electric cars. Sharing a …

Tesla inches closer to pact with India for EV imports, local factory: Report
1 year, 1 month ago

Tesla inches closer to pact with India for EV imports, local factory: Report

India Today  

The government is close to finalising an agreement with Tesla that would allow the US automaker to import its electric vehicles to the country from next year, while also paving the way for a local factory in the next two years, reported Bloomberg News. Currently operating factories in the US, China, and Germany, Tesla's potential venture in India follows the …

Maruti 3.0 plans to add 28 new models, including six EVs, by FY31: Report
1 year, 5 months ago

Maruti 3.0 plans to add 28 new models, including six EVs, by FY31: Report

Hindustan Times  

Maruti Suzuki India is kicking off 'Maruti 3.0' targeting to add another 20 lakh units-production capacity in nine years with about 28 different models in the market by FY31, according to the company's chairman R C Bhargava. As SUV sales continue to gain momentum in India with no prospects of demand for the smaller entry-level car market recovering to the …

In India, it’s Tesla’s advantage as Chinese automakers face heat
1 year, 5 months ago

In India, it’s Tesla’s advantage as Chinese automakers face heat

The Hindu  

China's loss in India could be Elon Musk's gain. Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. Those talks continued over the past week with Tesla discussing minute details of its plans to …

India's Tesla Dreams Dashed? No tax waivers for Elon Musk’s EV company as they look to set up factories
1 year, 5 months ago

India's Tesla Dreams Dashed? No tax waivers for Elon Musk’s EV company as they look to set up factories

Firstpost  

Elon Musk’s Tesla is not being considered for any tax or duty waivers at the moment, revealed India’s Revenue Secretary, Sanjay Malhotra. Last time Tesla was looking to set up a factory in India, they faced similar issues, because of which they left Elon Musk’s hopes to set up an EV factory in India took a major setback. In recent …

Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh
1 year, 6 months ago

Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh

The Hindu  

Maruti Suzuki India on July 5 launched premium MPV Invicto at a starting price of ₹24.8 lakh, making it the costliest car in its current portfolio. Elaborating further, MSI Senior Executive Officer Shashank Srivastava said the company attained leadership in the ₹10-15 lakh vehicle segment last fiscal. Mr. Takeuchi said, looking at the immense potential of the Indian automobile market, …

How Japan is losing the global electric-vehicle race
1 year, 8 months ago

How Japan is losing the global electric-vehicle race

Hindustan Times  

The green floors of JATCO’s Fuji Area 2 factory hum with quiet confidence. “Our company will have to change drastically.” So far, Japan and its carmakers are lagging in the race towards eVs, the industry’s fastest-growing product area. Abe Shinzo, Japan’s prime minister from 2012 to 2020, championed policies to make Japan a “hydrogen society”; in 2015, Toyota delivered its …

Suzuki to use cow dung for producing biogas to power CNG cars
1 year, 11 months ago

Suzuki to use cow dung for producing biogas to power CNG cars

India Today  

In a move aimed to tackle carbon dioxide emissions, Suzuki Motor Corporation, the parent company of Maruti Suzuki India, has announced that it will utilise cow dung to produce biogas, which can be further used to power its CNG cars in the country. "Suzuki's unique initiative to tackle this challenge is the biogas business, in which biogas derived from cow …

Maruti Suzuki eVX electric SUV to be launched in India in FY24, company to have 6 EVs by FY30
1 year, 11 months ago

Maruti Suzuki eVX electric SUV to be launched in India in FY24, company to have 6 EVs by FY30

India Today  

The country's largest carmaker, Maruti Suzuki India, will launch the eVX electric SUV, showcased in a concept avatar at the Auto Expo earlier this month, in FY24. The company will have six electric models by FY30 according to 'Growth Strategy for FY30' announced by its parent firm, Suzuki Motor Corporation. "In India, we will introduce the SUV battery EV announced …

Maruti Suzuki to use cow dung to reduce CO2 emission
1 year, 11 months ago

Maruti Suzuki to use cow dung to reduce CO2 emission

India TV News  

Maruti Suzuki eyes the launch of new electric vehicles using biogas by the end of 2030. The auto major is planning to launch EVs with carbon-neutral internal combustion engine vehicles using CNG, biogas, and ethanol. The company said in a recent ‘growth strategy 2030 presentation’ that the biogas business is Maruti Suzuki’s unique way to tackle this CO2 emission challenge. …

India’s car market should use a hybrid lane for a green pick-up
1 year, 11 months ago

India’s car market should use a hybrid lane for a green pick-up

Live Mint  

India is now among the world’s top three auto markets. No wonder, then, that savvy BYD, one of China’s top-selling automakers, announced its intention to corner 40% of India’s EV market by the end of this decade. The world’s largest automaker and staunch-believer in hybrids, Toyota Motor, launched a second model in India late last year—a cleaner version of the …

Auto Expo 2023: India has potential to be no. 1 auto market in world, says Suzuki Motor President
2 years ago

Auto Expo 2023: India has potential to be no. 1 auto market in world, says Suzuki Motor President

India TV News  

Auto Expo 2023 : India has the potential to become the number one automotive market in the world and small cars have an important role to play in it, Suzuki Motor Corporation Representative Director and President Toshihiro Suzuki said on Wednesday. In an interaction with reporters on the sidelines of Auto Expo 2023 here, he also said electric vehicles alone …

Auto Expo 2023 kicks off, Maruti Suzuki unveils concept electric SUV \'eVX\'
2 years ago

Auto Expo 2023 kicks off, Maruti Suzuki unveils concept electric SUV \'eVX\'

Deccan Chronicle  

PUNE: India's flagship motor show Auto Expo 2023 kicked off on Wednesday in Delhi, after a three-year gap, with the global unveiling of Maruti Suzuki’s concept electric SUV eVX at Auto Expo 2023. With this, India’s biggest carmaker, has reinforced its vision of developing sustainable powertrain systems through continuous technological development and innovation. The Concept eVX is a mid-size electric …

Maruti Suzuki Wagon R Flex-Fuel Showcased in Delhi, Launch in Next 2 Years
2 years ago

Maruti Suzuki Wagon R Flex-Fuel Showcased in Delhi, Launch in Next 2 Years

News 18  

Maruti Suzuki has showcased its first flex-fuel prototype car in Delhi. The BS6 compatible Wagon R flex fuel has been designed and developed locally in India with support from Suzuki Motor Corporation, Japan. At the occasion, Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited said, “Maruti Suzuki has consistently aligned itself to the national objectives of reducing …

Toyota will bring electric vehicles into India in future but….: Vice chairman
2 years, 1 month ago

Toyota will bring electric vehicles into India in future but….: Vice chairman

Hindustan Times  

Vikram Kirloskar, the vice chairman of Toyota Kirloskar Motor, said on Friday that the automaker will bring electric vehicles into India in future, but at the moment it is focusing on hybrid vehicles keeping in mind the objective of meeting holistic carbon reduction. Kirloskar also said that considering the low level of energy sources in India, electric vehicles do not …

India has potential to become global leader in EV production: Research
2 years, 1 month ago

India has potential to become global leader in EV production: Research

Hindustan Times  

India has the potential to become a global leader in the production of electric vehicles, a recent research stated. Recent research has said that India has the potential to become a global leader in the production of electric vehicles. The research titled "Freight Trucks in India are Primed for Electrification" carried out by the Berkeley National Laboratory and UCLA last …

EVs will be as affordable as petrol cars next year: Nitin Gadkari
2 years, 2 months ago

EVs will be as affordable as petrol cars next year: Nitin Gadkari

Live Mint  

Electric vehicles will become as affordable as petrol vehicles next year, Nitin Gadkari has said. The Union Minister of Road, Transport and Highway made the statement at an event on November 1 while declaring government plans on rejigging buses across the country. The minister also said while speaking at the Zee Auto Awards 2022 that the government had plans to …

Maruti crosses production milestone of 2.5 crore units
2 years, 2 months ago

Maruti crosses production milestone of 2.5 crore units

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it has crossed the cumulative production milestone of 2.5 crore units since commencing operations in 1983 at its Gurugram manufacturing facility. "This makes Maruti Suzuki the only Indian company to have achieved this significant milestone in passenger vehicle production," the company said in a statement. Crossing of 25 million cumulative …

New Maruti-Toyota MPV launch soon in India
2 years, 2 months ago

New Maruti-Toyota MPV launch soon in India

India Today  

We have already seen Toyota Kirloskar Motor launching two Maruti Suzuki India vehicles with its own badge -- the Maruti Suzuki Baleno as the Toyota Glanza and the Maruti Suzuki Vitara Brezza as the Toyota Urban Cruiser. Their Indian arms recently welcomed a new co-developed mid-size SUV within their portfolio -- the Toyota Urban Cruiser Hyryder and the Maruti Suzuki …

TATA, Suzuki and Modi: How manufacturing plants boosted Gujarat's economy and brought jobs for people
2 years, 3 months ago

TATA, Suzuki and Modi: How manufacturing plants boosted Gujarat's economy and brought jobs for people

Op India  

On October 10, Prime Minister Narendra Modi laid down the foundation stone and dedicated various projects worth over Rs 3,900 crores to the nation in Modhera, Mehsana in Gujarat. Following the message, then-CM Modi not only assured Tata motors the land to build a massive, state-of-the-art manufacturing factory, but the Gujarat government also made sure that the plant got built …

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report
2 years, 3 months ago

EV adoption: India needs to invest over $10 billion to boost cell manufacturing, says new report

India Today  

India needs to invest over USD 10 billion to boost cell manufacturing and raw material refining to serve the local demand for lithium-ion batteries by 2030 and create a million jobs, according to a new report by management consulting firm Arthur D. Little. While EV cells are the most critical part of the electric mobility value chain, the Indian EV …

Maruti Suzuki expects new SUVs to drive sales, margins
2 years, 4 months ago

Maruti Suzuki expects new SUVs to drive sales, margins

Live Mint  

India’s largest carmaker Maruti Suzuki is betting on new sport-utility vehicle models such as the Grand Vitara to help it regain lost market share while the easing global shortage in semiconductor chips and softening commodity prices are likely to help it improve sales volume and margins. Maruti Suzuki also aims to scale up development of vehicles based on alternate fuel, …

Suzuki Japan to set up global R&D unit here
2 years, 4 months ago

Suzuki Japan to set up global R&D unit here

Deccan Chronicle  

Pune: Suzuki Motor Corp, the Japanese giant car maker, will set up a new global research and development company in the country and continue to invest aggressively to continue to be the dominant player in the car market. “This new company, a wholly owned unit of Suzuki Japan, would help the Japanese carmaker strengthen its R&D competitiveness and capabilities not …

Japan’s Suzuki drives deeper into India with global research and development [R&D] unit
2 years, 4 months ago

Japan’s Suzuki drives deeper into India with global research and development [R&D] unit

The Hindu  

Suzuki Motor Corp. will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become an electric vehicle hub for the Japanese carmaker. Suzuki, which already builds combustion engine cars in India for its local unit Maruti Suzuki and for export, will in 2025 start producing …

Suzuki Motor to invest Rs 18K cr for setting up EV battery unit, car plant
2 years, 4 months ago

Suzuki Motor to invest Rs 18K cr for setting up EV battery unit, car plant

Business Standard  

Suzuki Motor to invest Rs 18K cr for setting up EV battery unit, car plant During an event at Mahatma Mandir in Gandhinagar on Sunday, Modi laid foundation stones for the EV battery unit at Hansalpur and Maruti Suzuki's upcoming manufacturing plant in Kharkhoda, Haryana Premium Prime Minister Narendra Modi and Suzuki Motor Corporation CEO Osamu Suzuki during the foundation …

Maruti, India's top carmaker, open to partnerships to secure supply chain
2 years, 4 months ago

Maruti, India's top carmaker, open to partnerships to secure supply chain

The Hindu  

Maruti Suzuki is open to forming partnerships with auto part makers to secure its future supply chain and maintain its leadership position, the chairman of India's top-selling carmaker said in an interview. Partnering with suppliers in its early years contributed significantly to Maruti's success in India, where it has 43% share of the car market, and also helped establish a …

Toyota, partnering with Suzuki, doubles down on its hybrid bet in India
2 years, 4 months ago

Toyota, partnering with Suzuki, doubles down on its hybrid bet in India

The Hindu  

Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right. Toyota Motor is also leveraging its cooperation with partner Suzuki Motor, majority owner of India's biggest carmaker Maruti, to benefit from its low-cost engineering know-how and mild hybrid technology. Toyota declined to …

Asian EV Makers Enjoy More Advantages Over Tesla
2 years, 4 months ago

Asian EV Makers Enjoy More Advantages Over Tesla

News 18  

In the Internal Combustion engine vehicle industry, the Asian automobile makers are expanding their offering and enjoy certain advantages over Tesla, said S&P Global Ratings in a research report. 3 EV seller in China in the past three years, benefiting from good brand image and product functionality,” notes the S&P Global Rating report. With increasing new EV models and higher …

Maruti Suzuki aims to produce 20 lakh units this fiscal: Chairman RC Bhargava
2 years, 5 months ago

Maruti Suzuki aims to produce 20 lakh units this fiscal: Chairman RC Bhargava

Hindustan Times  

Maruti Suzuki India will increase its production and aims to produce 20 lakh units in the ongoing fiscal with improving availability of semiconductors, according to company Chairman RC Bhargava. In 2021-22, total sales of Maruti Suzuki India Ltd increased by 13.4 per cent to 16.52 lakh units. In his address to shareholders in the company's annual report for 2021-22, he …

Demand for cars in India strong despite slowdown, says Suzuki
2 years, 5 months ago

Demand for cars in India strong despite slowdown, says Suzuki

Hindustan Times  

Japan's Suzuki Motor said on Friday it did not see demand for vehicles slowing at home or in its key market of India amid growing concerns about a global economic downturn. Suzuki kept its operating profit forecast of 195 billion yen for the year to March 31, saying it was premature to change it at this point The view from …

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