NEW DELHI, March 5 -- Maruti Suzuki India Ltd's parent, Suzuki Motor Corp. (SMC), has shared its midterm management plan for the five years through March 2026.
Some of the key takeaways for Maruti Suzuki from the presentation have left its investors somewhat underwhelmed. SMC has said it will develop electrification technologies by 2025 and fully implement them in products from 2025.
"This seems to be slightly later than the plans of most of Maruti Suzuki's competitors, though it may not be late if the inflection point for electric cars is back-ended," said analysts from Motilal Oswal Financial Services Ltd in a 25 February report.
Indeed, considering the accelerated push towards electrification globally, the late adoption of EV (electri...