As India appears to be focusing on pure electric vehicles in a shift away from supporting hybrid vehicles Suzuki CEO , Toshihiro visualizes the future.
“As the industry shifts towards EVs (electric vehicles), when it comes to India, our volumes are so large that I worry that we could be caught flat-footed if there was a sudden shift towards electrification” Suzuki CEO , Toshihiro said.
the Vitara Brezza compact SUV, dominates the Indian market through its majority stake in Maruti Suzuki India Ltd, the country’s largest automaker, but neither produces battery-electric cars at the moment.
Current sales of electric cars in India remain negligible, mainly due to the high cost of batteries which make the vehicles (Rs 10,00,000 or US$15,000) out of reach for many buyers in a country where entry level cars cost just Rs 250,000 ($3,868). Lack of charging stations and lack of awareness of EVs are other factors that used to slow down the introduction of EVs.
But things are expected to turn drastically within a decade (2027) and Suzuki & Maruti could be pushed out of the race completely… just like Suzuki CEO , Toshihiro fears.
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