Maruti Suzuki, the leading car manufacturer in India, continues to dominate the market with a 50 percent share as of October 2023. Despite not having an electric vehicle (EV) in its lineup yet, the company is set to launch its first EV in 2025. However, Maruti Suzuki is not solely relying on internal combustion engine (ICE) vehicles for its sales.
In fact, the company’s current sales include a significant portion of compressed natural gas (CNG) vehicles, accounting for over 25 percent of the total. Additionally, Maruti Suzuki offers a small percentage of hybrid vehicles, further diversifying its product portfolio.
Among the CNG models offered Maruti Suzuki is the popular Maruti Suzuki Alto, priced at ₹5.13 lakh. The company also includes other CNG vehicles in its lineup, such as the Grand Vitara, Ertiga, XL6, and more. These CNG cars have gained popularity due to their affordability and the increasing availability of CNG fuel stations in the country.
Maruti Suzuki doesn’t stop at CNG vehicles; it also offers hybrid cars to cater to environmentally conscious consumers. The hybrid models in its portfolio include the Grand Vitara, Ertiga, and the recently launched Fronx. These vehicles combine the benefits of both traditional internal combustion engines and electric power, providing improved fuel efficiency and reduced emissions.
As Maruti Suzuki prepares to enter the EV market in 2025, its focus on CNG and hybrid vehicles showcases its commitment to sustainability and eco-friendly transportation options. By offering a diverse range of cars, the company aims to cater to the varying needs and preferences of Indian consumers.
With Maruti Suzuki’s extensive experience and market dominance, the launch of its upcoming EV is eagerly awaited. As the company continues to innovate and adapt to evolving trends, it is poised to maintain its position as a frontrunner in the Indian automotive industry.