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The Indian car market is unique in that 75% of the cars sold are less than 4m in length and cost less than ¥ 6.5 lakh in the factory, according to Maruti Suzuki President RC Bhargava Photo : Ramesh Pathania / Mint
New Delhi: Maruti Suzuki India Ltd. plans to develop electric motors for its small cars over the next few years, said President Bhargava Tuesday the local unit of Suzuki Motor Corp. . also plans to push vehicles running on compressed natural gas (CNG) as an alternative to gasoline and diesel vehicles in the coming years In addition, the company intends to sell 2 million cars by 2020 and 3 million units by 2025.
Alto, Wagon R, Celerio and A-Star are part of the Maruti Suzuki small car portfolio. 19659004] "The Indian car market is unique in that 75% of the cars sold are less than 4 meters long and cost less than 6.5 million pounds at the factory level," said Bhargava. . "The electrification of these cars, in the short term, must be considered in terms of their accessibility as well as the creation of the necessary charging infrastructure throughout the country."
Suzuki has joined hands with Toyota Motor Corp. last year to develop small electric cars for India. Subsequently, the collaboration was extended to hybrid technology. The Indian units of both companies will also sell their respective products in the country.
As the number of cars equipped with internal combustion engines will increase significantly over the next 10 years, Bhargava said: "It would obviously be better for technologies and fuels that reduce gasoline and diesel consumption rather than to produce only electric cars and internal combustion cars. "
" CNG is a clean fuel already used and its use can increase. As some automakers are driving up the price of their vehicles by citing rising commodity prices, Maruti has so far decided to refrain from any increases.
The costs for the customer has not been pbaded by us. Instead, hedging activities helped reduce the impact of a weakened rupee, "said Mr. Bhargava
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