Don’t look now but Maruit is laying the ground work for potentially dipping their hands into the hybrid car market. Maruti has revealed that in 3 to 5 years time, they will be launching their own line of hybrid cars and compressed natural gas (CNG) variants for three or four models in the domestic market. The plan is part of the company’s broad strategy to develop small cars that run on alternative fuel technology.

“We are developing electric car technology for India. But it might take us up to the next five years or more to manufacture and sell electric cars in the domestic market,” said Maruti Suzuki Managing Director Shinzo Nakanishi.

Maruti Suzuki Chairman R C Bhargava, added, “We are working on multi-fuel variants and some models have been identified for CNG. A CNG kit currently costs over Rs 40,000 and that is expensive. Also, these cars can only be launched in 2010 or 2011, when there is a pan-India CNG filling system from companies like Reliance.”

Bhargava pointed out that even Delhi lacked sufficient CNG filling systems for commercial vehicles. The company has already launched LPG (liquefied petroleum gas) variants of the Maruti 800 and Wagon R.

(Source) Business Standard