Maruti Plans Flexible EV Production
ECONOMY & POLICY

Maruti Plans Flexible EV Production

Maruti Suzuki India (MSI), the country’s largest carmaker, is preparing for a major production revamp by 2030-31, targeting an additional 2 million units in annual capacity and a portfolio of 28 different models, including electric vehicles (EVs).

Currently, MSI manufactures around 2.6 million vehicles annually from its facilities in Haryana and Gujarat. This includes 1.6 million units from its Gurugram and Manesar plants, and 750,000 units from Suzuki Motor Gujarat. The newly operational Kharkhoda plant will initially contribute 250,000 units per year, starting with the production of the Brezza compact SUV.

To future-proof its operations, Maruti is making its plants more model-agnostic and EV-ready, said Rahul Bharti, Senior Executive Officer (Corporate Affairs), during an analyst call. “Newer lines are being designed to handle heavier EV models, factoring in battery weight and reinforced body structures,” he said.

Maruti’s first electric vehicle, the e-Vitara, is scheduled for launch in September 2025, with a major portion of its initial production aimed at overseas markets. However, Bharti acknowledged that EV profitability would remain lower than internal combustion engine (ICE) models for the foreseeable future.

He emphasized that government support, such as 5% GST and incentive schemes, plays a vital role in making EVs financially viable.

Beyond EVs, Maruti aims to adopt multiple decarbonisation technologies to reduce its carbon footprint. "We will try to leverage all possible technologies to supplement our EV efforts,” Bharti noted.

On the regulatory front, MSI expects the CAFE-III norms, which target reduced CO? emissions, to be finalized within the next one to two months. The industry is actively engaging with the Ministry of Power and Bureau of Energy Efficiency on this front.

Bharti also stressed the strategic importance of exports, which could help offset lower EV margins by improving economies of scale and offering better pricing power in select global markets

Maruti Suzuki India (MSI), the country’s largest carmaker, is preparing for a major production revamp by 2030-31, targeting an additional 2 million units in annual capacity and a portfolio of 28 different models, including electric vehicles (EVs). Currently, MSI manufactures around 2.6 million vehicles annually from its facilities in Haryana and Gujarat. This includes 1.6 million units from its Gurugram and Manesar plants, and 750,000 units from Suzuki Motor Gujarat. The newly operational Kharkhoda plant will initially contribute 250,000 units per year, starting with the production of the Brezza compact SUV. To future-proof its operations, Maruti is making its plants more model-agnostic and EV-ready, said Rahul Bharti, Senior Executive Officer (Corporate Affairs), during an analyst call. “Newer lines are being designed to handle heavier EV models, factoring in battery weight and reinforced body structures,” he said. Maruti’s first electric vehicle, the e-Vitara, is scheduled for launch in September 2025, with a major portion of its initial production aimed at overseas markets. However, Bharti acknowledged that EV profitability would remain lower than internal combustion engine (ICE) models for the foreseeable future. He emphasized that government support, such as 5% GST and incentive schemes, plays a vital role in making EVs financially viable. Beyond EVs, Maruti aims to adopt multiple decarbonisation technologies to reduce its carbon footprint. We will try to leverage all possible technologies to supplement our EV efforts,” Bharti noted. On the regulatory front, MSI expects the CAFE-III norms, which target reduced CO? emissions, to be finalized within the next one to two months. The industry is actively engaging with the Ministry of Power and Bureau of Energy Efficiency on this front. Bharti also stressed the strategic importance of exports, which could help offset lower EV margins by improving economies of scale and offering better pricing power in select global markets

Next Story
Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement