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Maruti Suzuki is now preparing to strengthen its hold in the Indian electric car market. The company has made it clear that as soon as the charging network for electric cars improves in the country, it will also include small electric cars in its range of vehicles. Maruti Suzuki's Managing Director and CEO Hisashi Takeuchi said in the company's annual meeting that the company will launch small electric vehicles once EV charging facilities are sufficient in India. Now the company has entered the electric car market with e Vitara. It is a mid-size SUV and is manufactured at the Hansalpur plant in Gujarat.

Preparation to increase charging network across the country

Maruti Suzuki believes that a strong charging network is necessary to make EVs available to more people. The company has set a target of installing more than 1 lakh charging points in India by the end of this decade. For this, the company has joined hands with 13 charging operator companies. The company has so far installed more than 2,000 exclusive charging points in more than 1,100 cities. Apart from this, there are preparations to increase the charging network on highways and expressways also. There is a plan to provide charging facilities at an interval of about 5 to 10 kilometers at major places in the top 100 cities of the country. Currently, companies like Tata Motors and JSW MG Motor are selling small electric cars in India.

Focus on petrol, hybrid and CNG along with EV

Maruti Suzuki does not want to depend only on EV. The company will also continue to invest in vehicles with petrol, hybrid, CNG and ICE i.e. normal petrol-diesel engines. The company says that the use of compressed biogas may also increase in the coming times. Therefore, investment in manufacturing facilities for ICE vehicles will continue. Maruti is preparing its new factories in such a way that EV, hybrid, CNG and ICE vehicles can be made on the same production line. With this, the company will be able to change production rapidly as per customer demand.

Maruti also ahead in EV exports

Maruti Suzuki is also focusing on the export of electric cars. The company exports vehicles to about 120 countries. Last year the company sent more than 4.40 lakh vehicles abroad, which is an increase of 34 percent on an annual basis. The company has started exporting EVs to Europe. According to Maruti, its share in the total EV exports from India is about 90 percent. Japan has also become a big market for the company. In the coming time, exports to countries like Britain, Germany and France are also expected to increase.

Investment of Rs 77,500 crore

The company has planned a capital expenditure of about Rs 77,500 crore between FY 2027 and FY 2031. Under this, investment will be made in new technology, manufacturing capacity and new vehicles. Maruti Suzuki is also working on new auto technology in collaboration with Suzuki Motor of Japan. The company is increasing the use of digital technology in vehicle design and development, so that new models can be brought to the market quickly.