It is planned to produce cars at low prices as there are only luxury model electric cars in India.
Rising petrol and diesel prices around the world have pushed people towards electric vehicles. Many people in India are also moving towards electric two-wheelers and cars. As a result, many automobile companies have ventured into electric vehicle production.
Japan’s leading company Suzuki Motor Co. has said it will invest Rs 9,800 crore in electric vehicles in India. The company will manufacture electric vehicles and batteries at its Maruti Suzuki plant.
According to a statement issued by Suzuki: –
India is the largest seller of electric two-wheelers and three-wheelers. Many Indians have turned to electric vehicles. Although electric cars are made in India, many are still expensive luxury models. The price starts from Rs 1 crore.
Only a handful of companies are developing electric cars at affordable prices. In this case, Maruti Suzuki plans to fill the vacancy. Cars will be welcomed in India only if they set the purchase price. We are engaged in that work.
Maruti Suzuki’s Wagon-R model is currently being tested as an electric car. Soon other models will also be switched to the electric variant.
This was stated by Maruti Suzuki.
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