Suzuki Motors Planning to Make India the Production Hub for EVs

Suzuki Motor Corporation (SMC) plans to turn India into a global production hub for electric vehicles, including for small EVs, by leveraging its robust manufacturing base in the country.

Toshihiro Suzuki, representative director and president of Suzuki Motor said Thursday that the company expects demand for electric cars to continue growing in India, bucking sluggish global trends. Suzuki will introduce multiple products including compact affordable cars to bolster its presence in the segment.

Suzuki, who is visiting New Delhi to attend the second edition of the Bharat Mobility Show, said while competition has intensified in India which has grown to become the world's third-largest automobile market over the last few years, subsidiary Maruti Suzuki has lined up several products in the fast-growing SUV segment to regain passenger vehicle market share. Maruti Suzuki is aiming to reclaim its market share of 50% by 2030.

The company will also continue to cater to customers in the small car segment, where it expects demand to pick up as two-wheeler owners start upgrading to four-wheeled vehicles.

Suzuki said two EVs-e Vitara and e Access-the company has scheduled for launch in India are "global models".