Maruti Suzuki Records 50,000 Cumulative EV Exports Since August 2025

Written by: Team Angel OneUpdated on: 29 Oct 2026, 6:02 pm IST

Maruti Suzuki's cumulative EV exports crossed 50,000 units since August 2025, with shipments reaching around 50 countries worldwide.

Maruti Suzuki India Limited has exported more than 50,000 electric vehicles since it began overseas shipments in August 2025. The company announced the figure on October 29, 2026.

Its electric vehicles are manufactured in India and supplied to around 50 countries, including the UK, Norway, Germany, Japan and Switzerland.

Maruti Suzuki accounted for nearly 93% of India's electric passenger vehicle exports between April and September 2026, according to data from the Society of Indian Automobile Manufacturers (SIAM), cited by the company.

It was also India's largest electric vehicle exporter in FY2025-26 and retained the position during April–September FY2026-27. Europe was the first market to receive the company's electric vehicles and remains its largest export destination.

The company currently exports 16 models to nearly 120 countries across its passenger vehicle business.

Production at the Hansalpur Facility

The e VITARA, Suzuki's first global battery electric vehicle, is manufactured exclusively at Maruti Suzuki's Hansalpur facility in Gujarat. Production began in August 2025, and the vehicle was intended for sale in more than 100 countries.

The Hansalpur facility has an annual production capacity of 1 million vehicles, following a recent expansion. It is the first Suzuki manufacturing facility globally to reach this capacity at a single location. The company has invested ₹25,288.7 crore in the plant.

Passenger Vehicle Export Business

The Hansalpur facility accounted for nearly half of Maruti Suzuki's total overseas shipments in FY2025-26. The company has also remained India's largest passenger vehicle exporter for five consecutive financial years, from FY2021-22 to FY2025-26.

During April-September 2026, Maruti Suzuki accounted for more than 50% of India's passenger vehicle exports, according to SIAM data cited in its statement.

As of October 29, 2026, 12:16 pm, Maruti Suzuki India share price was trading at ₹11493.00, a 0.74% decrease from the previous closing price.

Conclusion

Maruti Suzuki's cumulative electric vehicle exports crossed 50,000 units in October 2026, around 14 months after shipments began. Europe remains its largest export market, while the Hansalpur plant continues to serve as the manufacturing base for the e VITARA.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 29, 2026, 12:32 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More