Maruti Suzuki aims to launch four BEV models by FY2030, expected to account for approximately 15% of its total sales

Strengthening Maruti Suzuki’s Position in India. In India, where Suzuki owns 58.19 per cent of Maruti Suzuki India (MSI), the company will strengthen its SUV and MPV lineup. It

Maruti Suzuki India Ltd. closed 9.91% short of its 52-week high of 13,675.00 rupees, which the company achieved on August 1st.

Maruti Suzuki, India’s largest carmaker, is facing market share erosion amid intensifying competition from local and foreign automakers. The company currently has a 41% market share, declining from 50% in FY20.

Maruti Suzuki is developing a seven-seat version of the Grand Vitara which could also benefit from the strong hybrid technology.

Maruti Suzuki bets big on EVs with four new models by FY2030, but stock dips 1.78% to Rs 12,460.55 as investors weigh competition and market challenges.

Suzuki Motor Corp, the parent company of Maruti Suzuki, has revealed in its ‘Mid-term Management Plan’, that it is rethinking its India strategy, amid a declining market share. The press release shows that along with a 15 percent downward revision of its long-term sales outlook,

Maruti's Japanese parent Suzuki appears to be recalibrating its electric vehicles strategy in India with plans to launch four new electric cars by 2030, against an initial target of having six vehicles.