Maruti Suzuki aims to launch four BEV models by FY2030, expected to account for approximately 15% of its total sales

Maruti Suzuki India Ltd. closed 9.91% short of its 52-week high of 13,675.00 rupees, which the company achieved on August 1st.

India's largest carmaker Maruti Suzuki plans to increase its market share in India to as much as 50 percent as outlined by its 2030 plan. The carmaker will also launch 6 battery electric vehicles in India by 2030 and it starts with the e Vitara which is launching soon.

The Maruti Suzuki Jimny struggles in India with low sales, facing criticism for its high price and limited engine power.

Maruti Suzuki bets big on EVs with four new models by FY2030, but stock dips 1.78% to Rs 12,460.55 as investors weigh competition and market challenges.

Maruti Suzuki is developing a seven-seat version of the Grand Vitara which could also benefit from the strong hybrid technology.

Maruti Suzuki has reduced its India sales target to 2.54 million units per annum from 3.25 million estimated earlier by FY30, but the production target of 4 million units remains intact.

Suzuki Motor Corp, the parent company of Maruti Suzuki, has revealed in its ‘Mid-term Management Plan’, that it is rethinking its India strategy, amid a declining market share. The press release shows that along with a 15 percent downward revision of its long-term sales outlook,

Maruti's Japanese parent Suzuki appears to be recalibrating its electric vehicles strategy in India with plans to launch four new electric cars by 2030, against an initial target of having six vehicles.