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auto | IST

Maruti Suzuki likely to launch small hybrid SUV by mid-next year, EVs by 2025

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Maruti Suzuki is likely to launch a strong hybrid vehicle next year, industry sources said, adding that the automaker is working on a green mobility road map, which comprises electric vehicles (EV), hydrogen fuel cell vehicles, flexi fuel vehicles and CNG.

Maruti Suzuki, India’s largest carmaker, is likely to launch a small hybrid SUV by mid-next year, industry sources told CNBC-TV18 on Wednesday. The automaker is working on a green mobility road map, which comprises electric vehicles (EV), hydrogen fuel cell vehicles, flexi fuel vehicles and CNG, they said.
However, according to sources, the launch of Maruti’s EV is unlikely by the next fiscal but will come to the market before 2025.
The development comes days after Maruti and Toyota recently showcased strong hybrid vehicles in an event related to the Vibrant Gujarat Summit. Toyota exhibited the Mirae and Camry Hybrids at the event held ahead of the summit.
At the 10th edition of three–day Vibrant Gujarat Summit, slated for January 10 in Gandhinagar, Maruti Suzuki will showcase its battery manufacturing capabilities and Toyota will display Mirae, Prius and Camry, the sources said. The Japanese carmaker is also likely to showcase plug in hybrids, electric, hydrogen fuel cell and full hybrid vehicles. 
Meanwhile, Maruti Suzuki recently made a presentation to Gujarat Chief Minister Bhupendra Patel about the companies its roadmap to reduce oil imports. The carmaker has urged the state and central governments to reduce the goods and services tax (GST) on hybrids and bring it in line with EVs, they added.
Earlier in November, Maruti Suzuki announced that it is joining the EV race and plans to launch its first EV by 2025. Managing Director Kenichi Ayukawa told CNBC-TV18 that Maruti will continue to pursue its CNG programme and a flexible fuel engine is also under development. He added that the company has no plans to bring back diesel products in India.
Commenting on the chip shortage issue, Ayukawa had said the situation has improved but complete recovery in production will take time.
Due to the semiconductor shortages, Maruti Suzuki’s production and sales declined in November. The total sales fell on a year-on-year basis to 139,184 units from 153,223 units during the same period of the corresponding year. Domestic sales were 113,017 units, and sales to other original equipment manufacturers stood at 4,774 units. The automaker exported 21,393 units in November, which is its highest ever in a month, it said.