Maruti Suzuki is unfazed by rivals’ push into electric vehicles. Managing director Kenichi Ayukawa told reporters that most customers weren't prepared to buy electric cars due to their high cost and range anxiety. Instead, the company will look at options like CNG models and hybrids. Hyundai, Tata and Mahindra are expected to launch electric variants this year. But desi buyers have steered clear so far: Indians purchased just 8,000 EVs over the last six years; China sells more than that in two days.
Maruti Suzuki is unfazed by rivals’ push into electric vehicles. Managing director Kenichi Ayukawa told reporters that most customers weren't prepared to buy electric cars due to their high cost and range anxiety. Instead, the company will look at options like CNG models and hybrids. Hyundai, Tata and Mahindra are expected to launch electric variants this year. But desi buyers have steered clear so far: Indians purchased just 8,000 EVs over the last six years; China sells more than that in two days.