Maruti sets 2025 target to roll out EV

Maruti Suzuki is aiming to launch its first electric vehicle (EV) by 2025. India would be the first country to see the new EV, followed by Japan and Europe. This move is expected to accelerate adoption of EVS. The first EV model is likely to be priced at $13,700 or less, after government subsidies are taken into account. With Suzuki, all major Japanese automakers are set to enter the EV market. With EVS in the line-up of Maruti Suzuki that has a market share of 50 per cent in India, the country might see faster adoption of electric cars.