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Maruti Suzuki Reveals Strategy For The Next 8 Years

By:Reema Bohra
Updated On: August 7, 2023 12:52 IST
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Maruti Suzuki Reveals Strategy For The Next 8 Years

KEY HIGHLIGHTS

  • Six new EVs are planned by FY 2030-31.
  • New manufacturing facility in Kharkhoda, Haryana construction underway
  • Targeting 25% sales from hybrids and over 60% from ICE vehicles

Maruti Suzuki has recently announced their plan for the next eight years! They're going full steam ahead with electric vehicles, incorporating cutting-edge technology, and exploring alternative powertrain options. Interestingly, the groundwork for this roadmap started last year with the construction of a new manufacturing facility in Kharkhoda, Haryana. Keep reading to learn more about Maruti Suzuki's promising future plans!

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Maruti Suzuki: What's Next In Hybrids And EVs

The Maruti eVX was recently revealed at the Auto Expo. It's an electric SUV that will hit the market in the fiscal year 2024-25. After that, Maruti plans to launch five more electric vehicles by FY2030-31. They might electrify the Fronx, Jimny, and Wagon R, as hinted in the teaser images. So, get ready for some exciting electric cars coming your way in the next few years!

The Kharkhoda plant is expected to be commissioned by 2025 and will have the capacity to produce one million vehicles annually. The vast 3,200-acre land will be divided into 800 acres for manufacturing passenger cars and electric vehicles, and 100 acres will be dedicated to setting up a Suzuki motorcycles plant.

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Maruti Suzuki: Multiple Powertrain Alternatives Anticipated by 2031

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Maruti Suzuki XL6 CNG

Currently, all Arena models come with an option for an alternative CNG variant. This applies to both the 1.2-litre and 1.5-litre engines, which are paired with manual gearboxes. Looking ahead, Maruti Suzuki has ambitious plans: they expect 25 per cent of their sales to come from hybrid vehicles and over 60 per cent from ICE vehicles (Internal Combustion Engine). The ICE vehicles will be equipped to run on various fuels, such as CNG, biogas, flex fuel, and ethanol-blended fuel.

Moreover, by the projected year 2031, approximately 15% of Maruti Suzuki's total sales are expected to be represented by battery-operated cars.

Verdict

Maruti Suzuki's exciting plan for the next eight years includes a strong push towards electric vehicles, with five EV launches by 2030-31. They're also expanding their alternative fuel lineup along with CNG variants. The company's green ambitions are taking shape with a new manufacturing facility in Haryana, signaling a greener and more sustainable future. You can join our 91Wheels Whatsapp Group for all of such latest updates from the automotive industry.

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