New Delhi, May 5, 2024 — Maruti Suzuki India Limited, India’s leading car manufacturer, sets the automotive world abuzz with its latest announcements. The Maruti Suzuki has officially started accepting pre-bookings for the 4th generation Epic New Swift. Additionally, outlining its ambitious plans for electric vehicle (EV) production in India.
Maruti Suzuki – Epic New Swift Pre-Bookings Commence:
Enthusiasts and loyalists of the Maruti Suzuki Swift shall rejoice as the pre-bookings for the 4th generation Epic New Swift have commenced. Further, with a booking amount as low as ₹11,000/-, customers can book this eagerly anticipated vehicle. Maruti claims to uphold its signature sporty design, the Epic New Swift. Besides, Maruti plans to hoist the driving experience with enhanced dynamism and fun-to-drive quotient. Maruti Suzuki’s Swift remained the choice of Indian consumers, as it has registered over 29 lakh proud owners since its inception. Maruti Suzuki Swift has continuously set new standards for the sporty and dynamic driving performance. Moreover, the Epic New Swift is poised to take this legacy forward in an epic manner.
Maruti Suzuki – Electric Dreams:
The year forward shall be towards setting the roadmap for Electric Vehicles as per Chairman RC Bhargava. Further, he added by the end of FY25 Maruti plans to commence production, with mass production slated to follow shortly after. However, the preliminary focus shall be on exporting the first batch of electric vehicles a major part of it to Europe. The Indian market shall see the availability only around April 2025.
Further, the overall automotive industry has been impacted by the global downturn in electric car sales, particularly in China – stated Bhargava
Mixed Sales Performance in April:
Maruti Suzuki reported a mixed sales performance for April 2024, even though there were electrifying announcements. There was a noticeable decline in the sale sales of mini-segment cars like the Alto and S-Presso. Which dropped to 11,519 units in April 2024 from 14,110 units in April 2023. However, the total sales recorded a 4.7% increase, with 168,089 units in April 2024 compared to 160,529 units last year. The domestic passenger vehicle segment saw only a marginal increase, with sales totaling 137,952 units.
Investment in EV Infrastructure:
Maruti Suzuki remains dependable in its commitment to electric mobility, even though the global market has been challenging. Maruti Suzuki I LTD is investing heavily in its EV infrastructure, with ₹10,000 crore allocated for capital expenditures on new product launches and capacity expansion. Especially, post the Vibrant Gujarat Summit earlier this year, underscored Maruti Suzuki’s strategic focus on electric mobility. With a focus on exporting lithium-ion battery cells and modules worth approximately ₹750 crore in the current fiscal year.
The automotive industry in India has been eagerly awaiting a brand-new era in Indian mobility. Though Maruti has kept the Swift spirit alive, a Maruti movement in the electric domain is very much awaited.