Monday, March 17, 2025

Creating liberating content

U.S. President Donald Trump speaks to the media during a

MUMBAI: Bombay high court on Monday declined anticipatory bail to

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens”

Related News

U.S. President Donald Trump speaks to the media during a guided tour of the John F. Kennedy Center for the Performing Arts before leading a board meeting on March 17,

Luigi Mangione now claims police had no evidence against him for arrest, collected DNA samples illegally by offering him snacks. Four months after his arrest on charges of murdering UnitedHealthcare

MUMBAI: Bombay high court on Monday declined anticipatory bail to a Satara sessions court judge accused of seeking a bribe from a bail applicant in a cheating case.The sessions judge,

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images

For 95 days, Máximo Napa Castro, 61, was alone and lost at sea, praying to God and clinging to the hope that he would one day see his mother again.

WASHINGTON: A US judge Monday ordered Trump administration officials to explain whether the administration violated his order when they deported hundreds of Venezuelan gang members over the weekend and potentially

Trending News

Foreign portfolio investors (FPIs) are on track for the worst-ever annual equity selloff in FY25 in rupee terms, driven by sustained outflows since October 2024. In the first two weeks

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 17, 2025) are HPCL and

MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in

NEW DELHI: India has achieved self-sufficiency in solar module manufacturing. But the feat has rendered domestic producers of polysilicon, wafers and ingots – the building blocks for modules – vulnerable

New Delhi: India and New Zealand decided to relaunch negotiations for a free trade agreement on Saturday after a gap of 10 years, a move aimed at deepening economic ties

Mumbai: A host of global and domestic factors are expected to weigh on investors’ sentiment when Dalal Street opens for trading on Monday. The escalating global tariff war between the

Suzuki rejigs India EV plans

Word Count: 640 | Estimated Reading Time: 4 minutes


Suzuki rejigs India EV plans

NEW DELHI: Maruti’s Japanese parent Suzuki appears to be recalibrating its electric vehicles strategy in India with plans to launch four new electric cars by 2030, against an initial target of having six vehicles. The company, however, is retaining its target of having 15% contribution from electrics as it estimates a production of four million units by then.
In a mid-term management plan announced by Suzuki in Japan, the company, a late entrant to the EV space, said it remains bullish on sustainable technologies in India, highlighting opportunities in hybrids and CNG, as it eyes to reclaim the coveted 50% market share it once enjoyed (against 41.5% now).
The company, for which India is the backbone of its global operations, said it is aiming to sell electric cars within India as well as export.
Despite reducing the number of models in EVs, Suzuki said it aims to be “Number 1 in production, exports and sales” of green cars in India. It drives in its first electric in eVitara over the coming months.
Suzuki called India the “most important market” for the company, that will continue to “grow and serve as the engine” for its future growth. It added that the competitive environment in the country “is becoming increasingly severe”, and thus the quality of product functions, equipment and services that customers demand needs to go up.
The Japanese car company also said it wants to strengthen its product capabilities and line-up in the SUV and MPV segments in India. The company – once seen as the maker of peoples’ cars with models such as Maruti 800 – is yet not ready to write off entry-level cars. It wants to “rapidly develop and introduce entry segment products that meet the preferences of entry-model customers.”
On sustainable mobility, the company said it wants to introduce battery electric vehicles, hybrids, CNG, compressed biogas powertrains, and those compatible with flex fuel (ethanol blended).





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account