Maruti Suzuki curbs ambitious EV target — aims to launch more SUVS, hybrids
Maruti Suzuki has reduced its electric vehicle plans due to slow demand in Europe. They aim to regain 50% market share in India by 2030 and launch four EVs instead of six. The company is also prioritizing SUV and MPV models and exploring hybrid and bio gas technologies. India remains the focus despite a decline in small car sales.