File photo of Maruti Suzuki's eVX. (Source: Maruti Suzuki/X)
Maruti Suzuki India Ltd. will not have an electric passenger vehicle priced under Rs 10 lakh in its portfolio in the initial phase, as the country's largest carmaker doesn't see it becoming a large market."In the initial phase, there will be no sub-Rs 10 lakh EV," Chairperson RC Bhargava told BQ Prime in an interview. "I don’t think a sub-Rs 10 lakh EV is going to have a really large market for the reason that the people who’ll buy t...