GlobalData: Maruti Suzuki expects lower EV penetration in India by 2030 compared to government’s target
Green Car Congress
APRIL 30, 2022
Maruti Suzuki India (MSI) has announced that its electric vehicle (EV) will be available in India for sale by 2025. It also iterated that the government’s target of 30% EV sales by 2030 may be difficult to achieve as the company expects EV penetration level between 8-10% by 2030 that looks realistically more possible, according to GlobalData, a leading data and analytics company. That said, the company has research & development ongoing for EV products.