Versuchen GOLD - Frei
Inside the e-Vitara's Passage to India
Mint Hyderabad
|February 14, 2025
It's made in India, but Suzuki chose to launch its first electric vehicle in Europe. Here's why.
November 4, 2024 marked a seismic shift for Suzuki Motor Corporation. That was the day the curtains went up on its first electric vehicle (EV), the e-Vitara. The unveiling, however, did not take place in India—that honor went to Milan, Italy.
Suzuki had a good reason to display its first mass-production battery electric vehicle (BEV) in Europe. According to people in the know, the company views the e-Vitara as an excellent export prospect, particularly in markets with a more evolved EV ecosystem and charging infrastructure.
And so, the carmaker is believed to be looking at commencing shipments of the electric sports utility vehicle (SUV) to Europe first. This will be followed by launches in Japan and India during the course of this year.
In all, there are about 100 countries on the company's export radar. Almost 50% of the BEV production is expected to go for the export markets after specific customizations for each region. Best of all, as far as India is concerned, the SUV will be made by Suzuki Motor Gujarat (SMG). The cost-efficient production capabilities in India will help Suzuki price the e-Vitara competitively in overseas markets.
"We have chosen India as the global manufacturing base due to its quality products, and scale merit," said Toshihiro Suzuki, representative director and president of Suzuki Motor Corporation, while speaking at the Bharat Mobility Global Expo 2025 in January.
The Japanese company has invested about ₹2,100 crore to produce the e-Vitara in Gujarat. SMG has been operational since 2017 and has an annual production capacity of 0.75 million units. With the completion of a fourth production line in 2026-27, its annual production capacity will increase to 1 million units. Production of the e-Vitara will commence shortly, according to the company's management.
Round Tripping
Diese Geschichte stammt aus der February 14, 2025-Ausgabe von Mint Hyderabad.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Hyderabad
Mint Hyderabad
Saudi firms paring back pay premiums
Saudi firms are scaling back generous salary premiums that once lured top foreign talent into sectors such as construction and manufacturing as the kingdom reins in spending and reorders economic priorities, four recruiters told Reuters.
1 min
November 17, 2025
Mint Hyderabad
In India's car labs, Chinese models new benchmark
Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.
1 min
November 17, 2025
Mint Hyderabad
Centre weighs consolidation of public sector general insurance firms
least some quarters of FY25, bringing the consolidation plan back on the agenda.
2 mins
November 17, 2025
Mint Hyderabad
Positives in IT, but fears remain
More than half of FY26 is out of the way, but for India's information technology (IT) companies, revenue visibility remains murky. Investors are swinging between hope and despair, as a recovery in revenue growth gets delayed.
2 mins
November 17, 2025
Mint Hyderabad
PHYSICS WALLAH: SEEKING MOMENTUM IN THE SOUTH
The company lacks mass and velocity in the region. Will the IPO proceeds help it accelerate?
9 mins
November 17, 2025
Mint Hyderabad
India eyes standardized protein-rich food basket to boost TB recovery
India is working to standardize the nutritional support for tuberculosis (TB) patients and their family members through a regional food basket, according to two officials and documents reviewed by Mint.
1 mins
November 17, 2025
Mint Hyderabad
Jaishankar meets Qatar's leaders
External affairs minister S. Jaishankar on Sunday met Qatar's top leadership in Doha and discussed major aspects of the bilateral relationship, including energy and trade, as well as regional and global issues.
1 min
November 17, 2025
Mint Hyderabad
Urban co-op lenders eye online banking
The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.
1 min
November 17, 2025
Mint Hyderabad
DO YOU OWN PAPER OR GOLD? THE CRITICAL FINE PRINT ON SGBS
Ow Bertie is quite chuffed that he owns Sovereign Gold Bonds (SGBs).
2 mins
November 17, 2025
Mint Hyderabad
Pollution season fuels clean-air tech startups
Pollution spike is driving demand for purifiers, mask and clean-air devices
2 mins
November 17, 2025
Listen
Translate
Change font size
