Maruti Suzuki's EV Push: Local Production, Charging Network for India

• Maruti Suzuki plans to localize EV component production, including batteries, in India over the next few years.
• The company's first EV model, the e VITARA, is set to launch in the Indian market next year.
• Maruti aims to have five EV models by FY30 and plans to establish 1 lakh charging stations by 2030.
• To address EV adoption hurdles, Maruti will operate 1,500 EV-enabled workshops and offer assured buyback/subscription schemes.
• The e VITARA is already being exported, with 10,000 units shipped to 26 international markets.

Why It Matters: Maruti Suzuki's EV localization impacts India's EV access & affordability.