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India-EU FTA to allow import of 1 lakh cars at lower tariffs in first year

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India-EU FTA to allow import of 1 lakh cars at lower tariffs in first year
FTA

The India-EU Free Trade Agreement (FTA), once signed and implemented, will allow European carmakers to import 1 lakh completely built-up (CBU) internal-combustion engine (ICE) and non-plug-in hybrid cars into India at concessional import duties in the first year, according to the tariff schedule under the deal. The quota will gradually rise to 1.6 lakh vehicles from the 10th year.

The negotiations concluded in January 2026. The agreement is yet to be signed and will require completion of the respective internal procedures before it can enter into force. It is expected to be signed by the end of this year and could come into effect from 2027.

  1. First-year quota covers 1 lakh CBU cars
  2. Import duty within quota starts at 30 percent
  3. Quota rises to 1.6 lakh cars from 10th year

Lower duties for imported cars

In the first year, ICE and non-plug-in hybrid cars priced between 15,000 euros and 35,000 euros will attract a 35 percent import duty within the quota. Cars priced between 35,000 euros and 50,000 euros, as well as those above 50,000 euros, will attract a 30 percent duty. Cars priced below 15,000 euros will not receive a tariff concession in the first year.

The 1 lakh-unit quota will be divided across three price bands, with 34,000 units allocated to cars priced between 15,000 euros and 35,000 euros, and 33,000 units each for the 35,000-50,000 euro and above-50,000 euro categories.

The quota will increase to 1.075 lakh vehicles in the second year, 1.3 lakh in the fifth year and 1.6 lakh from the 10th year. The preferential duty across all three price bands will be 10 percent from the 10th year.

EVs and plug-in hybrids get separate quota

Pure electric and plug-in hybrid cars will not receive concessional access under this initial quota. Their preferential access will begin from the fifth year for vehicles priced above 20,000 euros.

A separate quota for battery-electric and plug-in hybrid CBUs will start at 20,000 vehicles in the fifth year and increase to 90,000 vehicles by the 14th year. The preferential duty will be 30 percent in the fifth year and will fall to 10 percent from the 10th year.

Cars imported outside the quota will continue to attract higher duties, ranging from 66-110 percent initially. These rates are scheduled to fall to 30-35 percent by the 10th year.

European carmakers could expand CBU imports

The lower duties could make it more viable for European manufacturers such as Volkswagen, Mercedes-Benz and BMW to bring more CBUs from Europe. The deal could particularly help them introduce a wider range of niche, performance and high-end models that are currently less viable to import at higher duties.

The FTA also provides reciprocal concessions for cars exported from India to the EU.

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Ultraviolette targets 3 lakh unit production capacity by mid-2027

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Ultraviolette targets 3 lakh unit production capacity by mid-2027
Multiple UV F77 bikes at the factory

Ultraviolette is targeting a combined annual manufacturing capacity of approximately 3 lakh units by mid-2027, co-founder and CEO Narayan Subramaniam has said. The figure combines the 2.5 lakh-unit capacity of the newly announced BIGGA Factory in Hosur with an expanded capacity of around 50,000 units at the company’s existing Bengaluru plant, which is also being upgraded. The company plans to invest around Rs 1,000 crore across both facilities over the next five years – approximately Rs 200 crore at the Bengaluru plant and Rs 800 crore at the new Hosur facility.

  1. Combined capacity of 3 lakh units targeted by mid-2027 across two facilities
  2. Rs 1,000 crore investment planned over five years across both plants
  3. Tesseract launch delayed to Q1 2027 after 100-volt architecture redesign

Ultraviolette capacity and product plans: Key details

Tesseract delayed eight to ten months after fundamental redesign

The Tesseract electric scooter, which was originally expected earlier, has been delayed after Ultraviolette decided to redesign the vehicle around a 100-volt architecture. The change required a realignment of multiple systems, including the battery pack, battery management system, motor controllers and charging hardware, adding eight to ten months to the development timeline. The scooter is now expected to launch in the first quarter of 2027. Ultraviolette says its current bookings and sales pipeline point to demand of at least 10,000 units per month for the Tesseract.

Alongside the Tesseract, Ultraviolette plans to launch the Shockwave electric motorcycle next year. The company’s longer-term portfolio covers four motorcycles and two scooters, with the two categories eventually expected to contribute equally to overall volumes. The BIGGA Factory’s first phase is expected to become operational between Q1 and Q2 2027.

Exports to account for 15-25 percent of BIGGA Factory output

Ultraviolette expects exports to initially account for around 15 percent of production from the new plant, rising to approximately 25 percent as the company expands into international markets. Target regions include Europe, North America and Latin America, while Southeast Asia is also being evaluated through pilot programmes. The company is already exporting to 19 countries in Europe through its existing facility.

Subramaniam said Ultraviolette expects to reach company-level profitability within 24 months – around the same time it plans to pursue an IPO – at which point the company expects to have six products across four continents and a production scale of around 3 lakh vehicles annually. The company says it is fully capitalised for its current expansion plans but could consider additional fundraising if EV adoption accelerates faster than expected.

Kiran Murali & Prerna Lidhoo

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Mercedes GLC electric bookings open in October, launch by end-2026

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Mercedes GLC electric bookings open in October, launch by end-2026
Mercedes-GLC-electric-India-launch

Mercedes-Benz has announced that it will commence bookings for the new GLC electric in India from the first week of October, with the launch scheduled to take place towards the end of the year. The new all-electric GLC will be locally assembled in India. Mercedes has also confirmed that it will be offered in 400 4Matic guise that comes with a 94kWh NMC battery and is claimed to return up to 715km of range on the WLTP cycle. 

Mercedes also says this is the fastest a global vehicle will come to India as an assembled model, within just six months of sales commencing in Europe. 

 

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2027 KTM 690 Rally Image Gallery

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2027 KTM 690 Rally Image Gallery
An inside studio render of the KTM 690 Rally showing the front left three quarters of the bike.

KTM has just updated the 690 Rally in Europe that inspired the Adventure line. Headlined as the spiritual successor to the famed 640 Adventure, the 690 Rally is built on an existing platform shared by the 690 Enduro R and the 690 SMC R, but KTM has given it some extras to make it take on tougher trails, and for longer. The 690 Rally gets the same 693cc LC4 single-cylinder liquid-cooled mill with 79hp and 73Nm of torque. It also has the same 4.2-inch TFT instrument cluster, two standard ride modes (Street and Off-Road) with an optional Rally mode, an up-and-down quickshifter and fully adjustable front and rear suspension.

Starting with the biggest change, there are two auxiliary front-mounted 3.5-litre fuel tanks for a combined 7 litres of capacity, which, paired with the rear-mounted 13-litre fuel tank, take the Rally’s total fuel tank capacity to a substantial 20 litres. KTM has also given riders the ability to choose which tank(s) the motorcycle will draw fuel from, to play with the front-rear bias based on the complexity of the trails.

It’s highly unlikely the 690 Rally heading to India anytime soon. For Europe, it is being built at KTM’s Mattighoffen factory and the company has said that it’ll start reaching dealerships in October. Prices are unknown, as is the exact list of markets where the 690 Rally is heading.

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2027 KTM 690 Rally Unveiled

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2027 KTM 690 Rally Unveiled
Outside image of the KTM 690 Rally

We’ve seen the KTM Adventure range in India but KTM has just updated the model that inspired it, the Rally, specifically the 690 Rally in Europe. Headlined as the spiritual successor to the famed 640 Adventure, KTM has built the 690 Rally on an existing platform, but given it some extras to make it take on tougher trails and for longer.

  1. Shares the engine and most of the chassis with the 690 Enduro R
  2. Gets 7-litre extra fuel tank capacity than the 690 Enduro R, and an integrated windshield
  3. Indian launch unlikely anytime soon

KTM 690 Rally: What’s different from 690 Enduro R and what’s shared?

Two big changes, most other features are same

KTM has given a few new feature sets that set the 690 Rally apart from the 690 Enduro R and bring it closer to the Adventure line. Starting with the biggest change, there are two, front-mounted 3.5-litre fuel tanks for a combined 7 litres of capacity, taking the Rally’s total fuel tank capacity to a whopping 20 litres. KTM has also given riders the ability to choose which tank(s) the motorcycle will draw fuel from, so they have the choice to play around with front-rear weight bias, depending on the trail they’re taking on. Another notable difference is at the front too, in the ‘rally tower’ with an integrated windshield and the instrument cluster. The windshield is exclusive to the Rally, whereas the cluster (and all its rider aids) is shared with the 690 Enduro R.

A close up view of the KTM 690 Rally's rally tower from the rear
The rally tower refers to the integrated windshield, tow hook, and the 4.2-inch TFT instrument cluster
Close up shot of the dedicated switch to change which fuel tank the KTM 690 Rally draws fuel from
KTM has a switch on the left side to change which fuel tank the 690 Rally will draw fuel from

Besides these new additions, the new 690 Rally shares its platform with the revered 690 Enduro R, which was updated last year with a new engine, design, and features. The 690 Rally has the same 693cc LC4 single-cylinder, liquid-cooled engine with 79hp and 73Nm of torque. It also has the same 4.2-inch TFT instrument cluster, two ride modes with an optional Rally mode, up-and-down quickshifter, fully adjustable front and rear suspensions, and a rear mounted 13-lite fuel tank. The stopping duties continue to be performed by a 300mm dual-piston front disc and a 240mm single-piston rear disc. Both are from Brembo and both use floating calipers.

A close up shot of the front mounted tanks' fuel lids
Two 3.5-litre front fuel tanks, can be filled separately

The optional Rally mode (paid add-on), will let riders customise rider aids like throttle response, cornering ABS, and traction control individually, letting them change the bike’s behaviour according to their choosing. The Rally mode also includes what KTM calls ‘Dynamic Slip Adjust’, which will adjust the traction control in real time depending on the traction required by the wheels, over and above the preset chosen by the rider. This will allow the bike to make granular changes to traction control ensuring riders will always have enough grip to keep going.

Close up shot of the 690 Rally's 4.2-inch TFT cluster
Rally ride mode allows you to customise throttle response, traction control, ABS, and quickshifter

Also shared between the two motorcycles are the fully adjustable front and rear suspension WP Xplor units. The front USD fork can be adjusted for compression and rebound with a 235mm travel. The rear linkage monoshock can be adjusted for compression (low-speed and high-speed), preload, and rebound with 250mm travel. KTM had extended the oil change intervals (15,000km vs 10,000km) and valve clearance check intervals (60,000km vs 45,000km) with the 690 Enduro R (and the SMC R).

A close up image of the KTM 690 Rally's LED headlight
Adventure line inspired LED headlight with integrated headlight shield and windshield

However, the 690 Rally gets a different headlight that’s in line with all the updated Adventures, a 12V charging port on the right side of the tower, and a USB Type-C port on the left. Being an off-roader, the Rally has tubed tyres on 21/18-inch wire-spoked wheels, with a 161.5kg dry weight; approximately 176kg kerb weight. If you’re thinking this sounds excellent, do remember the seat height is a tall 935mm but it enables the 265mm ground clearance, sure to come in handy when you’re navigating trails to unlock the yet unknown.

What is the difference between Adventure, Enduro, and Rally?

All are road-trail capable, to different degrees

An action shot of a rider drifting on the KTM 690 Rally
21/18 wheels for dual sport capabilities

From all these details, it’s easy to understand how the Rally is different from the Enduro. What we believe sets it apart from the Adventure line is its inherent bias towards trail riding, with road riding taking a backseat. This is obvious with the bike sporting rally tyres, off-road oriented 21/18 wheel setup, and of course the tubed tyres with spoked rims. Adventure line prioritises road riding, with off-road capabilities added on top of them. Enduro is much more closely related to the Rally, but with an even bigger bias to off-roading. This technically makes all three categories dual sport, but KTM only categorises the Enduro as dual sports.

An action shot showing a rider performing a jump on the KTM 690 Rally

It’s possible that this makes you question whether the 390 Adventure R should’ve been the 390 Rally; good question, but one that’s unlikely to be answered by KTM. Just as unlikely is the 690 Rally heading to India anytime soon. For Europe, it is being built at KTM’s Mattighoffen factory and the company has said that it’ll start reaching dealerships in October. Prices are unknown, as is the exact list of countries where the 690 Rally is heading. For context, the 690 Enduro R costs EUR 13,599 in Austria (Rs 15.07 lakh, converted). With its added features, we expect the Rally to start at a higher price.

All EUR to INR conversions based on current exchange rates.

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BS7 draft likely in couple of months: MoRTH

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BS7 draft likely in couple of months: MoRTH
BS7 draft likely in couple of months: MoRTH

“We are ready with the next level of Bharat Stage [emission] standards and the final consultations are underway. We hopefully should be in a position to bring out the draft in a couple of months’ time for the BS 7 introduction,” Ministry of Road Transport and Highways (MoRTH) Secretary V Umashankar said at the 2026 SIAM Annual Convention in Delhi. 

Bharat Stage norms limit the emissions of pollutants like hydrocarbons, sulphur and oxides of nitrogen from vehicles. India currently follows BS6 Phase 2 (or BS6.2) norms, which came into effect on April 1, 2023. “I think the industry is also preparing itself for it. The key challenge there would be the timelines,” Umashankar added.

What changes with BS7?

BS7 will put a greater focus on pollution levels from vehicles in real-world driving conditions rather than laboratory testing. Unlike the dramatic transition from BS4 to BS6, the move to BS7 is a natural progression from BS6. This should put relatively less pressure on manufacturers to upgrade their vehicles. Prices may also go up slightly due to the upgrades. Some models could even be discontinued if upgrading them to meet BS7 norms is not financially viable, something that we saw during the move from BS4 to BS6 in 2020.

Bharat Stage emission norms so far

Bharat Stage emission norms were introduced in India in the year 2000 with the implementation of BS1 standards, while also rolling out BS2 across major cities in a phased manner. BS2 was based on European emission regulations, with the main difference being the test cycle’s top speed – 90kph versus 120kph in Europe.

India remained one stage behind Europe until 2010, after which the oil industry could not supply the low-sulphur fuel needed to progress to BS5 before eventually leapfrogging from BS4 to BS6 in 2020.

How are CAFE norms different from BS standards?

Corporate Average Fuel Economy (CAFE) norms deal with overall fuel consumption, specifically the quantity of fuel consumed. Imposed on a carmaker’s entire fleet, and not on an individual model, it’s a limit set on the total emission of carbon dioxide produced. These norms force manufacturers to make more fuel efficient cars, which impacts many other things. Whereas, Bharat Stage norms measure emissions at a vehicular level.

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Kinetic Watts & Volts eyes seven overseas markets

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Kinetic Watts & Volts eyes seven overseas markets
Kinetic Watts & Volts eyes seven overseas markets

Kinetic Watts & Volts (KWV) is evaluating seven international markets as the Pune-based electric two-wheeler maker looks to expand beyond India. Turkey, Nepal, Sri Lanka, Bangladesh, Kenya, Nigeria and Egypt are currently being assessed, with KWV studying local regulations, customer requirements, electric two-wheeler demand and potential distribution partners.

  1. International expansion to cover markets across Europe, South Asia and Africa
  2. Makarand Joshi appointed to lead KWV’s international business development
  3. Company plans to add 40 more exclusive showrooms in India

Kinetic EV international expansion plans

It has also issued 150 LOIs to prospective dealership partners.

KWV currently sells the Kinetic DX and DX+ electric scooters in India, with the range positioned around accessible urban mobility. The company is now looking to identify markets and distribution partners that can support its next phase of growth overseas.

KWV has appointed Makarand Joshi as head of international business development to lead its overseas plans. Joshi has more than two decades of experience in developing overseas markets for Indian automotive products, with experience across Asia, the Middle East, Europe and Africa. His background includes two-wheelers, commercial vehicles and tractors, as well as international distribution and market-entry strategies.

Ajinkya Firodia, Vice Chairman and Managing Director, Kinetic Watts & Volts, said the company’s products had been designed with a broad range of markets in mind. He added that the momentum of its domestic business had allowed KWV to begin laying the groundwork for international expansion. The company is yet to confirm which of the seven markets it will enter or provide a timeline for its overseas launch.

KWV’s international plans come as it continues to build its presence in the Indian market. The company currently has 45 exclusive showrooms and expects another 40 outlets to become operational within the next two months. It has also issued 150 Letters of Intent (LOI) to prospective dealership partners.

With inputs from ANGITHA SURESH

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Kawasaki Z650 S, Z900, and Z900 SE get new colours for 2027

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Kawasaki Z650 S, Z900, and Z900 SE get new colours for 2027
Studio render showing one new colour each on the Kawasaki Z900 SE, Z900, and Z650 S

Thinking of Kawasaki immediately brings their signature lime green coloured motorcycles to mind and that’s intentional. After all, it’s the colourway we most associate with the brand, but the truth is that the bikes are available in other colourways too, as we’ve just seen with the 2027 versions recently introduced in Europe.

  1. In Europe, the only available Z650 is the Z650 S that looks similar to Z900
  2. India gets the Z650 and Z900 but not the Z900 SE

What’s new on the Z line-up for 2027?

New colour options but mechanically unchanged

Kawasaki Europe had revealed the Z650 S in late 2025 destined for Europe. The model brought the Z650 platform closer in styling to the Z900, and also introduced revised ergonomics with a wider handlebar and repositioned footpegs. In most European markets, the Z650 and Z650 S coexist, whereas in markets like India and the USA, the standard Z650 continues to be the sole offering. For 2027, the Z650 S gets three new colours in Europe: Black, Red, and White with green highlights. For reference, in India, the regular Z650 is offered in a single Black colour.

Kawasaki Z650 S in Black colour
India does not get the Z650 S; so far unclear if it’s headed here
Kawasaki Z650 S in Red colour
Kawasaki Z650 S in White colour with green highlights

Indian Kawasaki fans do have access to the updated Z900 that debuted here in 2025, but in a Black with gold highlights and the signature Green. For 2027, the Europe version of the Z900 has now gained three new colours: Black (sans gold highlights), Red, and White with green highlights. The Z900 SE gets a new Gray colour with a green frame and green wheels, and upgrades the brakes to Brembo and suspensions to Öhlins from the standard Z900.

Kawasaki Z900 in Black colour
Indian Z900 gets a similar colour, with a gold frame
Kawasaki Z900 in Red colour
Kawasaki Z900 in White colour with green highlights
Kawasaki Z900 SE in Gray colour with a green frame and green wheels
Exclusive colour to the Z900 SE; also exclusive are the Brembo brakes and Öhlins front and rear suspensions

Beyond the new suite of colours, both motorcycles remain identical to the 2026 counterparts which was also the case for the Ninja 500 and 500 SE. At the time of writing, Kawasaki hasn’t revealed anything about these colours coming to the Indian version of the Z900, or when the Z650 S will show up here, if at all.

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ये कपल 30 दिनों तक घूमा यूरोप और खर्च किए 9.5 लाख रुपये फिर बताया एक-एक पैसे का पूरा हिसाब

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Europe Travel Budget: भारत के कई लोगों के लिए यूरोप घूमना काफी महंगा हो सकता है, खासकर तब जब ट्रिप में कई देशों की यात्रा करनी हो और सफर करीब एक महीने तक चले। लेकिन क्या आपने कभी सोचा है कि 30 दिनों तक यूरोप घूमने में असल में कुल कितना खर्च आता है? बता दें कि एक भारतीय कपल ने अपनी पूरी ट्रिप का खर्च शेयर किया है, जिसमें बताया गया है कि उन्होंने रहने की जगह, फ्लाइट, खाने, ट्रांसपोर्ट और एक्टिविटीज पर कितना खर्च किया।

मुस्कान मित्तल और आशीष गुप्ता ने अपनी एक महीने की ट्रिप के दौरान 8 देशों की सैर की। उनकी यात्रा में फ्रांस, बेल्जियम, नीदरलैंड, प्राग, ऑस्ट्रिया, इटली, वेटिकन सिटी और स्विट्जरलैंड शामिल थे।

इंस्टाग्राम पर शेयर किया वीडियो

अपने जॉइंट इंस्टाग्राम अकाउंट पर शेयर किए गए एक वीडियो में, इस कपल ने बताया कि उन्होंने अपना ट्रैवल बजट कैसे बांटा और यह भी बताया कि ट्रिप के किस हिस्से में उनका सबसे ज्यादा खर्च हुआ।

8 देशों की यात्रा करते समय, हर जगह ठहरने की जगह का खर्च तेजी से बढ़ सकता है। इस कपल के लिए, रहने-सहने का खर्च ही सबसे बड़ा खर्च साबित हुआ।

वे Airbnb और होटलों में रुके; ज्यादातर जगहें शहर के सेंटर में या बड़े रेलवे स्टेशनों के पास थीं। मुस्कान ने कहा, “औसतन, हमने हर रात के लिए 10,000 रुपये खर्च किए।”

यूरोप तक पहुंचने की फ्लाइट भी कपल के ट्रिप बजट का एक बड़ा हिस्सा थी। उन्होंने फ्लाइट पर प्रति व्यक्ति ₹50,000 खर्च किए। सीधी फ्लाइट लेने के बजाय, उन्होंने मिडिल ईस्ट से होकर जाने वाली कनेक्टिंग फ्लाइट बुक कीं। दो लोगों के लिए, उनकी कुल फ्लाइट का खर्च लगभग ₹1 लाख आया।

यात्रा में 8 देश शामिल थे, इसलिए शहरों के बीच घूमना भी ट्रिप का एक अहम हिस्सा था। कपल ने बताया कि उन्होंने एक महीने का ‘यूरेल ग्लोबल पास’ इस्तेमाल किया, जिसमें उनके रूट की लगभग सभी ट्रेन यात्राएं शामिल थीं और इसकी कीमत ₹58,000 थी। उन्होंने कार रेंटल और मेट्रो पर भी ₹28,000 खर्च किए।

खाने-पीने का खर्च भी एक ऐसी चीज थी जिसके लिए कपल को अपनी 30 दिन की यात्रा के दौरान प्लानिंग करनी पड़ी। उन्होंने दोनों के खाने पर रोजाना लगभग ₹5,000 खर्च किए। उन्होंने बताया, “हम दिन में एक बार बाहर खाना खाते थे, लेकिन खाने का खर्च कंट्रोल में रखने के लिए साथ में ‘रेडी-टू-ईट’ खाना भी रखते थे और अक्सर ग्रोसरी स्टोर से सामान खरीदते थे।”

यूरोप घूमना सिर्फ एक शहर से दूसरे शहर जाने तक ही सीमित नहीं है। ट्रिप के दौरान कई टूरिस्ट प्लेस, अलग-अलग एक्सपीरियंस और एक्टिविटीज पर भी खर्च होता है। इस कपल ने अपनी 30 दिनों की यात्रा के दौरान एक्टिविटीज पर प्रति व्यक्ति 85,000 रुपये खर्च किए।

कपल ने अपने बजट में वीजा और ट्रैवल इंश्योरेंस का खर्च भी शामिल किया था। इन खर्चों पर उन्होंने प्रति व्यक्ति ₹15,000 खर्च किए। उन्होंने अन्य खर्चों के लिए भी प्रति व्यक्ति ₹10,000 से ₹15,000 अलग रखे थे।

रहने, फ्लाइट, ट्रांसपोर्ट, खाने-पीने, घूमने-फिरने की एक्टिविटीज, वीजा, इंश्योरेंस और अन्य खर्चों को मिलाकर, इस कपल ने बताया कि दो लोगों के लिए उनकी एक महीने की यूरोप बैकपैकिंग ट्रिप का कुल खर्च लगभग 9.5 लाख रुपये आया।

इस कपल के खर्चों के ब्योरे को देखकर दूसरे यूजर्स ने भी बताया कि उन्होंने अपनी यूरोप की छुट्टियों पर कितना खर्च किया था।

एक यूजर ने कमेंट किया, “हमने 10 दिनों के लिए 8 लाख रुपये खर्च किए।” एक और यूजर ने कहा, “यह तो काफी सही है।”

हालांकि, एक यूजर को यह रकम कम लगी। उसने कहा, “मुझे लगता है कि यह सस्ता है। हमारे मामले में, 2 लोगों की ट्रिप का खर्च रोजाना लगभग 800-900 यूरो आता है, जिसमें हवाई जहाज़ का किराया शामिल नहीं है।”

डिस्क्लेमर: यह रिपोर्ट सोशल मीडिया पर शेयर किए गए यूजर-जनरेटेड कंटेंट पर आधारित है। Moneycontrol ने इन दावों की स्वतंत्र रूप से पुष्टि नहीं की है और न ही इनका समर्थन करता है।

यह भी पढ़ें: Janmashtami 2026: 4 सितंबर को जन्म लेंगे लड्डू गोपाल, जानें देश के अलग-अलग हिस्सों में क्या है जन्माष्टमी का पर्व मनाने का तरीका

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Smaller EVs will arrive as soon as charging network is ready: Maruti MD Takeuchi

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Smaller EVs will arrive as soon as charging network is ready: Maruti MD Takeuchi
Suzuki

Maruti Suzuki plans to add smaller EVs to its India line-up once it has developed the charging infrastructure needed to support them. At the company’s annual general meeting, Managing director and CEO Hisashi Takeuchi said, “As soon as our EV charging will be ready in India, we will add smaller EVs in our portfolio.”

  1. More than 2,000 exclusive chargers installed across 1,100-plus cities
  2. Claims around 90 percent share of India’s EV exports
  3. Plans to build EVs, hybrids, CNG and ICE cars on the same line

Maruti Suzuki’s charging network plans

Maruti Suzuki has partnered with 13 charge-point operators and has already installed more than 2,000 exclusive charging points across over 1,100 cities. The company is also working to improve charging coverage on highways and expressways, while its plan for the top 100 cities calls for chargers at key locations around 5-10km apart.

The carmaker has set a larger target of more than 1,00,000 charging points across India by the end of this decade. The company has linked the introduction of smaller EVs to the expansion of this charging network.

Maruti currently sells the e Vitara as its only EV in India, while competitors Tata Motors and JSW MG Motor India already have smaller electric models on sale.

Maruti Suzuki expands EV exports

Maruti Suzuki is also expanding its electric vehicle exports. “We have started our EV exports to Europe first. Now, we are the largest exporter of EVs from India, with about 90 percent share in total EV exports from India,” he said. Takeuchi said the company exports vehicles to nearly 120 countries and shipped more than 4.4 lakh vehicles last year, a 34 percent increase overall. 

Japan has become Maruti’s second-largest market, according to Takeuchi, while the company expects trade agreements to create further export opportunities in markets including the UK, Germany and France.

ICE, hybrid and CNG investments to continue

Maruti Suzuki will continue investing in internal-combustion engine, hybrid and CNG vehicles alongside EVs. Takeuchi said ICE vehicles would remain an important part of the company’s business, with compressed biogas also expected to support their continued demand.

“Investment in ICE facilities will continue to be an integral part of our manufacturing process,” he said. The company is designing its new manufacturing facilities to build different types of vehicles on the same production line, allowing production to be adjusted as demand changes. “In our new plants, we can make EVs, hybrid vehicles, CNG and ICE vehicles on the same line,” Takeuchi said.