Maruti Suzuki India (MSI) has announced that its electric vehicle (EV) will be available in India for sale by 2025. It also iterated that the government’s target of 30% EV sales by 2030 may be difficult to achieve as the company expects EV penetration level between 8-10% by 2030 that.
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics.
Hyundai Motor India Limited (HMIL) recently outlined its electrification roadmap with the expansion of its line-up to 6 Battery-Electric Vehicles (BEVs) for the Indian market by 2028. Further, Hyundai will also introduce its dedicated BEV Platform E-GMP in India. Hyundai’s line-up of 6 battery-electric vehicles will cater to multiple segments including mass-market.