New Delhi: Maruti Suzuki India will launch an electric vehicle in the country only after 2025 because the demand for such vehicles is currently lacking and wants to sell around 10,000 units a month every time entering the electric mobility room, said the Chairman of RC Bhargava on Wednesday.
Overcoming the virtual conference on the company’s second quarter income, he said under the current state of many things in EV ecosystems such as batteries, power filling infrastructure and electricity supply was carried out by other parties and therefore the cost determination was not in hand.
company.
Also with the price of fuel rising, the leader of the Maruti Suzuki Indian car market intensified the focus on more CNG offering from the model.
“Unfortunately, we will not feel happy if we can (sell) 300 or 400 or 500 or even 1,000 cars (a month).
For some reason we are too much volume, and volume in the 100s and even 1,000, very good, but they are Leaving us a little non-exposed …
so we have to see if I start selling EV I want to sell maybe 10,000 eV in a month or something like that, “Bhargava said.
He responded to a request about increasing EV demand in India and the company’s view of the segment, especially with competitors such as Tata Motors received a good response to EVs.
Elaborately, he asked, “If I sell 2 million cars a year, which I think it will happen when things are normalized, does it make sense to sell cars less than 1.00,000 a year from 2 million?” “I have to have a car that is better, there must be a greater request for the product.
All Maruti products launched have a very significant request,” Bhargava said.
He, however, said the company had not given up on the plan to enter electricity mobility in India but the timeline would be decided by the parent Suzuki Motor Corporation.
Asked when Maruti Suzuki launched EV, he said, “If I have to give you the outside date it will be post 2025.” Stating that launching EV will depend on market conditions, said Bhargava is currently difficult to predict the price of electric vehicles, batteries, how infrastructure is built and “costs are not at all in our hands”.
Previous companies in 2019 tested electric vehicles based on Wagonr with plans to be launched by 2020 but decided to launch commercial launches for personal use which quoted the lack of government infrastructure and support.
Asked whether the incentives related to government production (PLI) for EVS would encourage Maruti Suzuki to speed up his EV plan, Bhargava said, “However our program launched an electric vehicle will not change because of the PLI scheme.
I think the date of the launch or when you hope to launch a vehicle It is something that must be decided by Suzuki in Japan.
“For a query on the increase in gasoline prices and its impact on the request of CNG vehicles, he said of more than 2 lakhs currently delayed, the majority is for the CNG model.
Maruti Suzuki India Managing Director and CEO Kenichi Ayukawa said to meet the demand for CNG vehicles, the company will increase production for the vehicle when it also works on plans to offer CNG options in more models in the next few years.
Maruti Suzuki to launch EV only after 2025: BHARGAVA
