The Maruti Suzuki compact EV launch will first take place in India Maruti Suzuki is poised to launch its first compact electric vehicle (EV)...
Maruti is the market leader after all and it would not want to let the Koreans have all the fun.
In all, Suzuki Motor Gujarat has a total production ability of 7.5 lakh units per annum.
The automaker has cited rising input costs for the price hike and is not alone in undertaking such an exercise.
Soon, the firm is expected to launch diesel variants of its C-segment sedan, Ertiga MPV and compact SUVs.
Both firms are also developing an MPV and a midsize SUV to take on the products of their South Korean rivals.
The carmaker has seen its rivals reap benefits due to its decision to withdraw from the segment.