Maruti Suzuki India (MSI) will launch an electric vehicle with a 500-km range that will be powered by a 60 Kilowatt-hour battery and will have multiple such products, the auto major's MD and CEO Hisashi Takeuchi said on September 10, while highlighting the company's aim to significantly boost exports by 2030.
"We will have a high-specification EV with a high-range of the order of 500 km and powered by a 60 Kilowatt-hour battery. We will have multiple such products," Takeuchi said at the 64th annual session of industry body SIAM in New Delhi.
To increase customer confidence, Maruti will also export these same EVs to markets like Europe and Japan.
"On top of that, we will come up with a range of solutions for our EV customers to remove
their concerns on owning an EV. We will use the strength of our network to give confidence
to the customers for after-sale support," Takeuchi added.
In the domestic market, Maruti is looking to utilise all kinds of technologies in its cars to combat carbon emissions, and apart from electric and strong hybrid cars, the auto maker would also look at developing models around bio-fuels and hydrogen as well, including technologies or powertrain options like hydrogen, strong hybrids, biofuels, to minimise oil consumption and CO2 emission.
"Though there are many countries in the world who are using the power of biofuels, I think India can quickly become world's number one in biofuels and the rest of the world can start learning from India," he stated. "Given the size and the unique context of India, we need not copy solutions from the rest of the world," Takeuchi said.
Maruti is also looking at a significant increase in its overseas shipments by 2030, Takeuchi said, while noting that the automaker's overseas shipments will witness "multiples of growth" in coming years.
"There is no reason why India should not target a big pie of global trade. As Maruti Suzuki, I can tell you we are not talking about percentage growth but in terms of multiples of growth. So, our exports from India today are three times of what we had four years ago. Not only that, our exports will be 3 times of today in about 6 years from today," Takeuchi said.
The company is already exporting some vehicles back to Japan, he said.
Last month, Maruti Suzuki started exports of its sports utility vehicle Fronx to Japan, making it the first SUV from the MSI stable to be launched in that country. The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port.
MSI's exports have increased by 1,85,774 units between FY21 and FY24.
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