Small automobiles are still very much in style and will probably always be important, according to Shashank Srivastava.
By 2025, Maruti Suzuki India Ltd. intends to introduce a mid-sized battery-powered sports utility vehicle into the electric car market. Senior executive officer of marketing and sales Shashank Srivastava stated, “Maruti Suzuki is at the right time of introducing EVs,”. “Maruti always wanted to help the EV adoption and one of the big ways of doing this is to localization the batter and battery components.” The business plans to raise pricing on all of its current ICE models starting in the upcoming year, with some models seeing significant price increases, according to him.
Adoption of SUVs and Small Cars Small automobiles made up 34% of the sector last year and are still quite important in the Indian automotive scene. This trend is anticipated to continue. Srivastava claims that Maruti Suzuki sold 9.5 lakh compact automobiles. According to him, SUV adoption is at an all-time high and is growing at an unprecedented rate. Srivastava claims that the SUVs. According to him, SUV adoption is at an all-time high and is growing at an unprecedented rate. Srivastava predicted that the SUVs would account for 54–55% of the market share.
