Archive · 2 Sep 2025
Maruti Suzuki's e-Vitara: Analysts Weigh In on EV Debut
Maruti Suzuki has launched its first electric SUV, the e-Vitara.
Analysts are generally positive about it.
The company's stock price went up after the launch.
The car will be exported to countries like Germany and the UK, where it will compete with other EV makers.
Maruti Suzuki is investing a lot of money to make this happen.
They're also expanding their factory to make more cars.
Some analysts like the stock, while others are more cautious because of the competition.
Maruti is making the EV in Gujarat, and the Prime Minister has also been involved with the launches.
The e-Vitara will contribute significantly to Maruti’s exports.
Maruti Suzuki launched its first all-electric SUV, the e-Vitara.
The company’s stock hit a record high after the launch.
The e-Vitara will target global markets, especially in Europe.
Analysts have mixed views on the stock due to competition.
Maruti Suzuki is expanding capacity and investing in battery components.
- Who
- Maruti Suzuki
- What
- Launched e-Vitara, its first all-electric SUV
- When
- August 2024
- Where
- Initially targeting global markets, including Europe
- Why
- To enter the EV market and expand its exports
Cautious View
Optimistic View
Stock Rating
Cautious View
Nomura has a 'neutral' rating on the stock with a target price of ₹13,113.
Optimistic View
Nuvama Institutional Equities has a 'buy' rating with a target price of ₹14,300.
- Vehicle
- e-Vitara
- Manufacturer
- Maruti Suzuki
- Stock Performance
- Hit record high of ₹14,940.6 on August 28
- Target Markets
- Germany, Netherlands, Sweden, Denmark, Norway, Austria, UK
- Production Capacity
- 750,000 units (existing), 250,000 units (planned)
- Battery Component Plant Investment
- ₹4,270 crore