BENGALURU (Feb 17): Suzuki Motor on Tuesday launched its maiden electric vehicle (EV) in India, offering customers a battery rental plan to lower upfront costs — a model previously provided only by SAIC Motor's local venture. On Tuesday, Suzuki's Indian unit, Maruti Suzuki, launched the base variant of the SUV at an introductory price of 1.1 million rupees (around US$12,100), accompanied by a battery rental plan that will cost 3.99 rupees per kilometre (0.62 mile). Whenever Maruti Suzuki enters a new segment, they have a penchant for recreating or disrupting the segment. SAIC Motor’s Indian venture, JSW MG Motor India, introduced the first such scheme in September 2023. EV sales have picked up in India after a wave of launches from Tata Motors, Hyundai, Mahindra & Mahindra and Tesla over the last year.

Source: The Edge Markets February 17, 2026 12:11 UTC