Suzuki Motor Corporation, the parent of India’s largest carmaker Maruti Suzuki, has announced its global strategy. To be the part of growing electric vehicle market, Suzuki Motors aims to launch its first electric vehicle in FY 2024 and 5 more models by FY30.

The company’s first electric vehicle will be based on the eVX concept shown at Auto Expo 2023. It was unveiled by Toshihiro Suzuki, president Suzuki Motor Corporation (SMC).

The showcased concept will be the first electric vehicle by Maruti Suzuki. It will be offered with an electric powertrain. Suzuki has also confirmed that the production version of the eVX will be 4.3 metres in length and will source its power from a 60kWh battery pack with a claimed range of 550km.
Further, the company has also stated that alongside battery electric vehicles which will hold 15 per cent of the total powertrains on offer, Suzuki will also venture into alternate fuel sources, like biogas and ethanol fixed-fuel accounting for a major 60 per cent chunk of powertrains. The remaining 25 per cent of powertrains will be hybrid powertrains which could be offered with future Suzuki vehicles.
To boost the use of biogas-derived fuel, Suzuki Corporation also signed a Memorandum of Understanding (MoU) with the India Government and Banad Dairy back in August 2022 to set up a Biogas Demonstration Project. The unit will be set up in Gujarat and is expected to start operations in mid-2024.
The Suzuki-Toyota alliance will continue as well. Along with sharing models in India, both companies will also share and co-develop automotive technologies like batteries for electrified cars, autonomous and safety tech, and the promotion of bio fuel.