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Maruti Suzuki Exceeds 50,000 EV Exports, Holds 93% Market Share
Sentiment: NeutralHigh Priority
What Happened?
Maruti Suzuki has exported over 50,000 electric vehicles since August 2025, capturing nearly 93% of India's EV exports from April to September 2026. The e Vitara, produced in Gujarat, is the company's first global EV.
Key points
- Maruti Suzuki's cumulative EV exports reached 50,000 units in less than 15 months.
- The e Vitara is exported to nearly 50 countries, with Europe being the largest market.
- The company has been India's largest electric vehicle exporter for FY2025-26.
- The Hansalpur facility in Gujarat is the exclusive manufacturing base for the e Vitara.
- Maruti Suzuki's investment in the Hansalpur facility is Rs 25,288.7 crore.
Key insights
- Maruti Suzuki's strong export performance may encourage further investment in India's EV sector.
- The company's dominance in EV exports could influence global market dynamics.
- The expansion of the Hansalpur facility may lead to increased production capacity for future models.
Why it matters
This milestone highlights India's growing capabilities in electric vehicle manufacturing.
Tags
Entities
Maruti Suzuki· Companye Vitara· ProductGujarat· StateIndia· Country
Source
India Today
