Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV ecosystem in the country.
The company, which plans to launch its first electric vehicle – e VITARA in the domestic market next year, is looking to instill confidence in the
buyers as it looks to strengthen the overall EV ecosystem.
“Right now we are importing the batteries but yes we have a plan for localisation. It is very much on the cards in a phased manner over the next few years,” Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Partho Banerjee told reporters here.