‘Makes No Sense To Launch EV That Doesn't Sell 10,000 Units A Month'
The Morning Standard|October 28, 2021
MSIL Chairman RC Bhargava says EV launch is dependent on multiple external factors
Arshad Khan
‘Makes No Sense To Launch EV That Doesn't Sell 10,000 Units A Month'

Maruti Suzuki (MSIL) Chairman RC Bhargava on Wednesday indirectly indicated that the current size of India’s battery powered passenger vehicle market is too small for the automaker to launch a model in this segment. He said it makes no sense for MSIL, which sells one in every two cars sold in India, to launch an electric vehicle (EV) that doesn’t sell around 10,000 units a month.

This story is from the October 28, 2021 edition of The Morning Standard.

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This story is from the October 28, 2021 edition of The Morning Standard.

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