Maruti takes first steps in EVs as Suzuki Motor to invest Rs 10,440 crore in Gujarat - Moneycontrol

Move marks EV foray for Maruti Suzuki although no change announced in EV launch timeline which had been set as 2025 will mean earnings not getting any immediate bump from EVs even as sentiment continues to remain positive.

Japan's Suzuki Motor Corporation said on March 20 it plans to invest 150 billion yen (about Rs 10,440 crore) in ramping up production capacity for electric vehicles as well as setting up an EV batter… [+1909 chars]

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