On Thursday, Japan’s Suzuki Motor Corporation said it will introduce six electric vehicles in India by 2030 as part of its strategy to develop the market and achieve net zero carbon output by 2070 as per the target set by the government.
In a strategy for 2030 shared on BSE by its Indian arm Maruti Suzuki India, Suzuki Motor Corporation (SMC) has said that the company will not only produce battery EVs but also work on CNG, biogas and ethanol-blended fuels.
The company has said we would introduce the SUV Battery EV in India in FY2024, as announced at Auto Expo 2023. Six models will be launched by 2030. The company said that by FY2030, battery EVs would account for 15 per cent of the total portfolio, while ICE vehicles will account for 60 per cent and hybrid electric vehicles 25 per cent.
Maruti Suzuki India is the largest passenger vehicle manufacturer by sales in the country. Earlier this month, at the Auto Expo 2023, SMC unveiled the concept electric SUV ‘eVX’, which is slated to hit the market by 2025. The company expects the Indian auto market to grow rapidly by FY2030. The company said that we also expect that there will be a reduction in CO2 emissions, but despite this, an increase in total CO2 emissions is an inevitable fact.
Suzuki is also working on biogas. For this, the automaker has signed an agreement with the National Dairy Development Board, an agency of the Government of India, and Banas Dairy, Asia’s largest.
The company believes that this scheme will also promote economic development. Suzuki aims to achieve carbon neutrality by 2050 in Japan and Europe and by 2070 in India.