GREATER NOIDA, India — Suzuki Motor’s Indian unit unveiled the eVX idea electrical SUV at India’s biennial automotive present, with the automaker’s president saying the manufacturing automotive could be launched in 2025.

“I’m delighted to unveil the eVX, an idea SUV of our first international strategic EV. We plan to deliver it to market by 2025,” mentioned Suzuki Motor President Toshihiro Suzuki, talking at an auto present occasion on the outskirts of the capital metropolis of New Delhi.

The midsize automobile shall be powered by a 60-kilowatt hour battery pack providing as much as 550 km (342 miles) of driving vary, based on Maruti Suzuki India.

Suzuki Motor has mentioned it’ll spend greater than 104 billion rupees ($1.3 billion) on its electrification push in India, together with a battery plant for EVs beginning 2026, making it one in every of its largest battery and electrical automobile investments globally.

Toshihiro Suzuki additionally mentioned the automaker plans to find out about applied sciences for smaller EVs from accomplice Toyota.

Maruti faces rising competitors from rivals as consumers shift to larger vehicles akin to SUVs and regulators demand safer and greener vehicles, growing prices. This has pushed its market share to under 43 p.c, down from over 50 p.c in 2019.

Electrification can also be seen as a problem for the automaker that desires New Delhi to incentivize all cleaner applied sciences, together with hybrid and ethanol, and never simply EVs.

“We imagine that deployment of a number of applied sciences … will assist to attain the nationwide purpose of reducing emissions and oil consumption,” mentioned Hisashi Takeuchi, managing director, Maruti Suzuki India.

India is pushing automakers to construct extra EVs by providing firms billions of {dollars} in incentives with a lofty goal of a market share of 30 p.c for EVs by 2030.

At present, EVs make up lower than 1 p.c of complete automotive gross sales in India.