Why doesn’t Maruti bet big on EVs? Your answer seems reasonable

While almost all the top car companies in India are up and running with their electric vehicle strategy, the country’s biggest automaker, Maruti, is not so quick on the blocks. It will launch its first electric vehicle only in 2025 from the Gujarat plant. Maruti is already on record saying that while the Indian electric vehicle market is growing, it is very small and the electric vehicle market share will only be 10% by 2030.

Reflecting this line of thinking, Maruti also feels that vehicles powered by hybrid technology, natural gas and biofuels present a better path to a cleaner future than electric cars.

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