We need the right transition from ICE to alternative fuel vehicles, says Maruti’s executive directorIndia’s largest automaker Maruti Suzuki has raised concerns about electric vehicle (EV) transition in India in the past.
“It is important to look at the right transition from conventional ICE to fuel-efficient alternate powertrain technologies before we switch to EVs completely,” Shashank Srivastava, executive director, Maruti Suzuki India said at a recent ET event.
Talking about the cost-effectiveness of EVs, Srivastava said, “It is a misconception that electric vehicles will come at a lower cost.
Earlier in September 2019, senior executive director (engineering) of Maruti Suzuki India, CV Raman, said that the cost of EV in India and the lack of charging system is going to be a hindrance when it comes to adoption of EVs in the country.
Mercedes Benz’s CEO and managing director, Martin Schwenk, said that the Indian EV ecosystem is still at a nascent stage, even though it’s getting new entries in the market. | To read full story, visit https://startuparound.com/read/1579345206.7627919/Future-EVs-Might-Not-Be-Cheaper-Than-Regular-Cars:-Maruti-Suzuki?ref=audio_experience