Cars in India | Autoportal.com

Grab Exciting Deals on New Cars! Hurry, Limited Period Offer!

Maruti Suzuki Wagon R Electric hatchback might launch next year

Maruti Suzuki Wagon R Electric hatchback might launch next year

Snapshot: Maruti is worried about the high pricing, lack of proper infrastructure and charging stations ahead of launching the Wagon R based small electric car in India

- Comments    |    Write Comment

Maruti Suzuki is contemplating introduction of the Wagon R based small electric car in 2020 in the Indian market. The company is carefully evaluating the challenges ahead such as high pricing, lack of infrastructure and charging stations. Although, the Wagon R EV will be fully ready by next year but the launch will solely depend on the desire of the buyers to pay more for the small electric car. Just so you know, Maruti Suzuki has been testing 50 units of the Wagon R electric for quite sometime in the country.

Checkout the recently launched Maruti Vitara Brezza Sports Limited Edition in India!

As per Maruti Suzuki MD Kenichi Ayukawa's interaction with ET Auto, economic viability will be a major factor as the small electric car might cost as high as Rs 12 Lakhs because of the present regulations. The petrol variants of the Wagon R are priced in a range of Rs 4.20-5.70 Lakhs (Ex. Showroom, Delhi). Ayukawa further said that the company is currently doing a thorough analysis and research regarding a commercial launch. Maruti Suzuki veteran and Chairman RC Bhargava told that it will not be wise to think that businesses are manufacturer driven instead they are driven by the customers. He added that electrifying the Wagon R could take its price way out of reach of customers.

Maruti Wagon R EV could cost as high as Rs 12 Lakhs

Currently, electric vehicles are taxed the lowest at 12 percent as compared to petrol powered cars which are placed in tax slab of 28 percent. Earlier the Government rolled out the FAME (Faster Adoption and Manufacturing of Electric Vehicles) initiative which provided subsidiaries and incentives to private buyers on the purchase of electric vehicles. However, as of now, the Government has stopped these incentives to private buyers. Meanwhile, in other news, several other automakers are planning to launch their electric vehicles in India. Going a step ahead, Hyundai has even announced the launch of Kona Electric SUV on July 9, 2019 with price starting around Rs 20 Lakhs (Ex. Showroom).

Related car news

  • Maruti Wagon R EV to Offer 130 km Range 01-03-2019 Autoportal Team Maruti Wagon R EV to Offer 130 km Range
  • Maruti Suzuki WagonR EV with DC fast charge 26-02-2019 Ashish P Abraham Maruti Suzuki WagonR EV with DC fast charge
  • Maruti Suzuki WagonR EV price below Rs 7 lakh expected 21-02-2019 Ashish P Abraham Maruti Suzuki WagonR EV price below Rs 7 lakh expected
  • New Maruti Suzuki WagonR VXi spotted in a new orange shade 16-01-2019 Ashish P Abraham New Maruti Suzuki WagonR VXi spotted in a new orange shade
  • 2019 Maruti Wagon R Interior Revealed in Spy Images 03-01-2019 Mayank Gupta 2019 Maruti Wagon R Interior Revealed in Spy Images
  • Suzuki to Manufacture 35,000 EV Annually in India from FY2021 07-06-2018 Mainak Suzuki to Manufacture 35,000 EV Annually in India from FY202...
Helpline