Maruti Suzuki s plans to introduce 5-6 new EV models, expansion of its market share, and ability to adapt to changing market dynamics make it a potentially attractive investment in the EV space. The company s evolution encompasses embarking into the SUV segment and gaining a stronghold in small cars, leaving it in a dominant position for future growth. Experts predict a 50% increase in Maruti s stock value in the next two years, attributable to the company s strategic focus on EVs, consumer preferences, and government support towards electric mobility.
I recently asked a senior executive at a leading SUV maker in India for an opinion on a tiny two-door electric car that has just been launched in the country