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Completely switching to electric cars is not the right approach to reducing reliance on gasoline and diesel, said Maruti Suzuki, president of RC Bhargava
. ethanol and methanol until electric cars gain momentum among buyers. Bhargava noted that hybrids, which offer a combination of fossil fuel technology and battery, should also be considered.
"As we gradually increase the percentage of electrified vehicles, a very large number of internal combustion vehicles It would obviously be better to use alternative technologies and fuels that reduce the consumption of gasoline and rather than producing only electric cars and internal combustion cars, "said the president
since electric cars cost more than double the price of gasoline cars and it is important to lower their prices. to make them available for the mbad market.
"The Indian car market is unique in that 75% of cars sold less than 4 meters in length and cost less than Rs 6.5 million at the same time. # 39; factory. The electrification of these cars, in the short term, must be considered in terms of affordability and price. the completion of the required charging infrastructure throughout the country. In the longer term, these cars would be electrified, subject to battery and other technological developments leading to overcoming the barrier of accessibility, "said Bhargava.
Meanwhile, the company said that work on the second and third lines "We hope that the 2 million mark will be reached in the next fiscal year and that the next target is 3 million cars a year. Here 2025, "he added. Bhargava said that Maruti Suzuki has 16 models with about 600 variants.
Last year, the company recorded sales of 1.64 million units in the domestic car market, an increase of nearly 14 percent. pbadenger car segment in 2017-18 according to SIAM data. Another 1.23 million units were exported, which was an increase of nearly 2%.
To continue sales growth, the company has made significant progress in the purchase of plots and points of service. He works on the acquisition of land for about 370 sites.
"A substantial portion of these plots are located in the top 10 cities, and the land will be used to set up small service workshops to have a larger footprint," the company said in a statement.
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