Maruti Suzuki to Launch First EV with 500 km Range

11 Sep 2024 CW Team

Maruti Suzuki India is set to launch its first electric vehicle (EV) in January 2025, a mid-size SUV expected to have a range of 500 km per charge. The automaker made this announcement during the annual session of the Society of Indian Automobile Manufacturers (SIAM) in New Delhi.

Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, revealed that the new EV will be powered by a 60 kilowatt-hour (kWh) battery and will cater to both the Indian market and international markets such as Europe and Japan. The SUV, likely to be called the eVX, is estimated to be priced above ?15 lakh and will compete with rivals like the Tata Curve.ev and Mahindra’s Born EV lineup.

In addition to the vehicle launch, Maruti Suzuki is planning to provide a comprehensive EV ecosystem to address common concerns around range anxiety, EV infrastructure, and residual value. “We are committed to creating a complete ecosystem for our customers,” said Takeuchi.

Maruti Suzuki’s Chairman, R.C. Bhargava, emphasized the importance of diverse sustainable solutions, advocating for hybrid technology, CNG, ethanol, and biogas alongside electric vehicles to minimize reliance on pure petrol and diesel cars.

The automaker's announcement aligns with India’s broader vision of becoming a developed nation by 2047, with electric vehicles playing a key role in the domestic automotive industry’s potential growth to ?134 lakh crore by that time.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..