According to Philippe Claverol, Head of Overseas at Maserati, the Italian luxury carmaker will take the government’s new EV legislation into consideration as it prepares to introduce its first EV in 2019, he told Business Today on Friday. Speaking outside the GranTurismo’s Indian debut, which has a starting price of Rs 2.72 crore, was Claverol. When governments take aggressive measures to encourage electric vehicles, as we have seen in all markets, it truly does assist.
The governments imposing various fines on ICE vehicles is the second factor that is highly beneficial. It indicates a close connection between the tax code, tax incentives, and the expansion of the electric sector. Thus, it goes without saying that we would give this careful thought as well,” Claverol says.
New Government EV Policy
The new EV policy was introduced by the government in March of this year in an attempt to draw in international players. The minimum investment required under the new five-year EV policy is Rs 4,150 crore, or $500 million. In accordance with the policy, localization must reach 25% by the third year and 50% by the fifth. “Everything we have seen globally, in every region, indicates that the legislative environment plays a major role in EV promotion. As you can see, we currently need to concentrate on the kind of experience that electric vehicles can offer before forcing them on consumers, adds Claverol.
Claverol did concede, though, that better infrastructure for charging is necessary before electrification can occur.
In CY23, the business opened one dealer outlet in Mumbai and introduced fewer than fifty cars to the Indian market. The company intends to open another shop in Bangalore early next year in addition to its first dealer outlet in Delhi, which it opened as part of its network expansion.
Furthermore, the business is receiving logistical support from its parent firm, Stellantis. Notably, the business is placing a large bet on the expansion of its future SUV line to propel it worldwide. SUVs make up between 70 and 80 percent of the company’s global portfolio, according to Claverol. SUVs are in style. Nowadays, consumers don’t really seem to be that interested in sedans. Everyone wants an SUV these days, according to Claverol.
