EVs to flex-fuel to safety: How car making is fast shifting gears at Maruti, Hyundai, Tata, M&M
Synopsis
As consumer preference changes, the Indian auto industry is going through a rapid transformation. Companies that are heavily investing in this change will remain relevant. ET Prime examines the preparedness of top four carmakers in the country in terms of electrification, new technology adoption, features, et al.
On January 26, as India was celebrating its 74th Republic Day, the Japanese parent of the country’s largest carmaker, Maruti Suzuki, outlined its growth strategy for 2030. What surprised many was Suzuki Motor Corporation’s (SMC) decision to prepone its electric vehicle (EV) debut in India by a year to 2024. As a precursor, it had displayed its concept electric SUV, the eVX, at Auto Expo 2023.“We plan to bring it to market by 2025,” SMC
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