Maruti Suzuki shares in focus after unveiling of first-ever electric SUV e-Vitara

Maruti Suzuki is entering the electric vehicle market with its new e-Vitara SUV. The company has also launched a unified charging platform. This platform connects home and public charging stations. Maruti Suzuki has partnered with 13 charge point ...

Agencies
Maruti Suzuki launched its first electric SUV, the e-Vitara, marking a significant entry into the EV market.
Maruti Suzuki shares are likely to be in the spotlight on Wednesday, December 3, after India’s largest carmaker announced a major push into electric mobility with the launch of its first-ever electric SUV, the e-Vitara.

The company rolled out the model on Tuesday and confirmed that sales will begin early next year.

The launch marks a significant milestone for the automaker as it steps into the EV segment with not just a new product, but a fully integrated charging ecosystem. Maruti Suzuki also unveiled “One India, One EV Charging Platform,” a comprehensive digital solution that brings together home and public charging facilities with seamless payment integration.


In a landmark move, the company has signed collaboration agreements with 13 charge point operators (CPOs) and aggregators to unify nationwide charging access on a single platform.

Maruti Suzuki currently offers 2,000+ exclusive charging points across its dealer network and aims to support over 1 lakh public charging points by 2030 in partnership with CPOs and dealers.

To showcase the robustness of its charging infrastructure, four e-Vitaras were flagged off from Gurugram on cross-country routes heading to Srinagar, Kanyakumari, Bhuj and Dibrugarh as part of its nationwide “e-drive”. The e-Vitara, tested in extreme conditions from sand dunes to snowfields, has demonstrated a driving range of 543 km.
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Commenting on the EV debut, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said the company is fully prepared to address customer concerns around charging availability. “We have built a strong network of over 2,000 exclusive Maruti Suzuki charging points across more than 1,100 cities. With our partnerships with 13 CPOs, customers will have access to a vast nationwide charging infrastructure,” he said. “Aligned with Suzuki’s global vision, we plan to introduce multiple EVs and enable a network of over one lakh charging points by 2030.”

The launch of the e-Vitara and the accompanying charging platform is expected to draw investor attention, potentially making Maruti Suzuki stock active in Wednesday’s trade.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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