Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
2025 promises to be year of EVs
Mint Mumbai
|January 18, 2025
Automakers have thrown the gauntlet: 2025 will be the year of electric vehicles (EVs).
The new-energy vehicles held the centre stage across manufacturers exhibiting models at the Bharat Mobility Global Expo 2025. Take market leader Maruti Suzuki India Ltd, for instance. The company showcased its first electric car for India, the eVitara, on Friday. It claims that it will become the largest producer of EVs in India within a year of starting production this spring.
The company is setting up a dedicated production line at its Gujarat plant to make EVs, said Hisashi Takeuchi, managing director of Maruti Suzuki India.
However, the bulk of the units produced will find their way to Europe. The company has remained mum on its sales projections for the Indian market.
"EV sales will go up. But how quickly is the question," Takeuchi said while answering media questions here on Friday.
This story is from the January 18, 2025 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
Standardize expenditure heads by FY28: CAG tells states
CAG's move is aimed at overhauling India's public finance system.
1 min
November 21, 2025
Mint Mumbai
Valuation format plan may cut IBC disputes: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new format for professionals valuing distressed assets to make reports uniform, credible, and reduce lawsuits.
1 mins
November 21, 2025
Mint Mumbai
Delhi may miss the biggest e-bus roll-out
The 2,800 electric buses allocated to Delhi under the PME-Drive scheme meant to electrify public transport hangs in the balance, as the city government has yet to meet a crucial condition under the incentive plan.
2 mins
November 21, 2025
Mint Mumbai
KKR to raise $15 bn in new Asia PE fund
KKR has kicked off fundraising for its fifth Asia private equity fund, seeking to raise $15 billion in what would be one of the region's largest buyout fundraisings, three people with knowledge of the matter said.
1 min
November 21, 2025
Mint Mumbai
Street scales 13-month high as index heavyweights fire
November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.
2 mins
November 21, 2025
Mint Mumbai
India brings in new standards for cybersecurity, wind energy
The government has started an overhaul of the regulatory framework for critical infrastructure and emerging technologies, a move that follows the withdrawal and extension of several key Quality Control Orders (QCOs) earlier this month.
1 mins
November 21, 2025
Mint Mumbai
PMS firms ask Sebi to review fees paid for index data
The industry body for portfolio management services, or PMS, managers has approached markets regulator Securities and Exchange Board of India to reduce or remove fees paid to exchanges to use their indices to benchmark scheme performance, said four people aware of the development.
1 mins
November 21, 2025
Mint Mumbai
SC says courts can't impose timelines on Prez, state guvs
The ruling comes even as several states are struggling with delayed assent to important laws
2 mins
November 21, 2025
Mint Mumbai
TPG to invest $1 bn in TCS's data centre biz
TPG is to pick up a 49% stake in TCS arm HyperVault AI Data Centre
2 mins
November 21, 2025
Mint Mumbai
Ultrahuman eyes new markets, products Fast&Up hires Avendus to raise $50-70 mn in growth funding
Health device and tech startup Ultrahuman is moving towards diversifying its revenue streams both from a geographies and products point of view, according to the company’s co-founder.
3 mins
November 21, 2025
Listen
Translate
Change font size