Maruti Suzuki is preparing to introduce its first-ever electric offering, the eVX in the Indian market by the end of this year. The electric SUV will be built at the carmaker’s Gujrat Plant and will be exported to several markets like Europe as well. The eVX is made in collaboration with Toyota, which will also develop its own version for launch in 2025.
Made-in-India eVX to be sold in foreign markets
In order to keep the price in check, the eVX will be a highly localised product and that includes the batteries too. However, what remains to see is how aggressive the pricing will be set by Maruti Suzuki for its new EV which rivals the Tata Nexon EV, which is based on a modified ICE platform. Apart from Tata, the eVX will also face tough competition from the upcoming Hyundai Creta EV and MG ZS EV.
Maruti is already exporting its made-in-India batteries which are being produced in its Gujrat facility for Hybrid vehicles and will likely build batteries for the EVs too. The plan to export to other countries is already underway and is expected to reach Rs 1,000 crore by the upcoming year.
The eVX recently commenced its test runs in India and will be built on Toyota’s 40PL electric skateboard-derived platform. This coupe-like electric SUV crossover will come with a 48 kWh battery and a driving range of 440 km. The expected pricing range is 18-22 lakh.