TL;DR
Maruti Suzuki and Toyota are set to significantly expand their EV portfolios in India with new electric MPVs and an affordable hatchback.
Maruti Suzuki and its strategic partner, Toyota, are embarking on a significant electric vehicle expansion strategy for the Indian market, as demand for EVs continues to surge. The plan includes the introduction of several new electric models, aiming to diversify their offerings across various segments. Maruti Suzuki is reportedly working on a premium family-oriented electric MPV, codenamed YMC, which has already been spotted testing on public roads.
Further solidifying their EV commitment, Maruti Suzuki is also developing an affordable electric hatchback, based on the Suzuki EWX concept, targeting first-time EV buyers and budget-conscious customers. Toyota, in parallel, will introduce its own version of the YMC-based electric MPV, sharing underpinnings but featuring unique Toyota styling. This multi-pronged approach underscores both manufacturers' intent to capture a substantial share of India's rapidly evolving electric vehicle landscape.
