Summary:
Maruti Suzuki will soon begin exporting electric vehicles (EVs) to Europe and Japan, including a high-spec EV with a 60-kilowatt-hour battery and a 500-kilometer range. At the 64th SIAM session, Hisashi Takeuchi, MD and CEO, emphasized the company's commitment to EVs, biofuels, and hydrogen, leveraging India’s resources for low-carbon production.
Maruti Suzuki aims for significant export growth by 2030 and has started delivering the Fronx SUV to Japan, with over 1,600 vehicles shipped last month. The company focuses on deep localization to reduce import reliance and has increased exports by 185,774 units from FY21 to FY24.
Source: IBEF
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