Maruti’s EV Bet Costs More Than the Market Is Counting
Maruti Suzuki will launch four EVs by 2031. The market read this as good news — and that is where the interpretation breaks down.
The 2031 roadmap is…
Maruti Suzuki
Maruti’s CNG Bet Is About to Get a Lot More Expensive
Maruti Suzuki has shed 25.4% in under three months — from a quarterly high of ₹16,703 to ₹12,452 as of March 24, 2026 — and the surface-level explanation, crude oil and a weak rupee, only tells half the story. The other half is sitting in a number almost nobody in the Indian auto conversation is talking about: the CNG-to-petrol price spread. Start with the oil shock. WTI crude hit $91.2 per barrel in late March 2026, up from $71.2 just one month earlier — a 28.1% surge in thirty days. That kind of move doesn’t happen in a vacuum. The driver is geopolitical: U.S.-Israel strikes killed Iran’s Supreme Leader Khamenei … Read more