Suzuki’s Rs 70,000 Cr Plan Makes India an EV Hub, But Its First e-VITARA is Surprisingly Export-Only

Japan’s Suzuki Motor just made its biggest bet on India’s electric vehicle future. The company announced it will pump Rs 70,000 crore into the country over the next five to six years. This massive investment comes as the automaker begins producing its first electric car, the e-VITARA, at its Gujarat plant. The timing couldn’t be more critical. India’s car market is changing fast, and Suzuki wants to stay ahead. The company already holds a commanding around 40% share of India’s car market through its partnership with Maruti Suzuki. But electric vehicles are growing faster than regular cars, and competition is … Continue reading Suzuki’s Rs 70,000 Cr Plan Makes India an EV Hub, But Its First e-VITARA is Surprisingly Export-Only