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Maruti Suzuki Teases New Escudo SUV as e-Vitara Exports Start and Battery Cells Go Local

Brokerages say an export-first build paired with local cell output positions Maruti Suzuki for near-term growth.

Overview

  • Series production of the e-Vitara is underway at Hansalpur, with initial shipments moving out via Pipavav port to European markets.
  • The TDSG joint venture at the Hansalpur complex has begun rolling out domestically produced lithium‑ion cells and electrodes for EVs and hybrids.
  • The e-Vitara will be offered with roughly 49 kWh and 61 kWh LFP battery packs, with the larger unit claimed to deliver over 500 km of certified range.
  • A domestic retail launch is expected in early 2026, and the company is preparing support by targeting an expanded service footprint of about 8,000 outlets by FY31.
  • Maruti has teased a new midsize SUV for Arena showrooms, likely called Escudo, scheduled for a September 3 debut with 1.5‑litre mild and strong hybrid powertrains reported; PhillipCapital reiterated a Buy rating citing production, export demand and capacity plans.