Maruti Suzuki India Limited · NSE:MARUTI
Maruti Suzuki India — Investor Presentation (February 2023)
25 slides from Maruti Suzuki India's investor presentation, Feb 20, 2023
Slide 1: Investor Presentation cover letter to exchanges
MARUTI ��$SUZUKI MSIL: COS: NSE&BSE: 2023/02_08 20th February, 2023 Vice President General Manager National Stock Exchange of India Limited Department of Corporate Services “Exchange Plaza”, Bandra – Kurla Complex BSE Limited Bandra (E) Phiroze Jeejeebhoy Towers Dalal Mumbai – 400 051 Street, Mumbai
Slide 2: Decarbonisation in the Auto Sector
Annexure - "A" Decarbonisation in the Auto Sector Rahul Bharti, Executive Officer (Corporate Affairs) & Chief Investor Relations Officer, Maruti Suzuki India Limited 1
Slide 3: Total Fleet CO2 Emission
Total Fleet Electric Popular CO2 Narrative Emission Shareholder Customer Regulation Localisation & Technology Policy 2
Slide 4: India's Policy Objectives
India’s Policy Objectives International Commitments 1. By 2030, India will reduce carbon intensity of its economy by 45% 2. India to achieve the target of net zero carbon emissions by the year 2070 Internal need for Energy & Environment 1. Oil Import reduction 2. Emission control 3
Slide 5: Unique Context of India
Unique Context of India Unique Distribution: Segment share different from rest of the world 75% 15% 10% Two- Wheelers Cars Others Petrol/ Diesel consumption in India Diesel 72% Petrol 28% Diesel consumption in India Public transport, Trucks Cars Others Non Transport 53% 13% 4% 30% Petrol consumption
Slide 6: Unique Context of India
Unique Context of India Two-Wheeler Country GDP Per Capita in Three-Wheeler PPP terms (‘000 USD) Norway 79 Small Passenger Vehicle USA 69 Big Passenger Vehicle Light Commercial Vehicle Netherlands 63 Bus (Intercity, Intracity) Germany 57 Trucks Japan 43 China 19 Consideration 2: Each vehicle segment
Slide 7: Prime Minister's address: Bouquet of technologies
Hon’ble Prime Minister’s address on 75th Independence Day: Bouquet of technologies to make India energy independent “To build a self-reliant India, India's energy independence is the need of the hour. Therefore today, we have to make a resolution to make India energy independent before the completio
Slide 8: Focus on all technologies
MSIL working on multiple technologies for maximum decarbonization of the fleet Focus on all technologies Battery Electric CNG Vehicle (BEV) Hybrid Electric Bio-CNG (CBG) Vehicle (HEV) E20 & Flex (E85) Vehicles 7
Slide 9: Carbon reduction means area under the curve
Carbon reduction means area under the curve 80% Tech A CO2 reduction potential 60% (w.r.t. Tech B petrol 40% base) Tech C 20% Tech D (Low) Volume (High) 8
Slide 10: Already Least Carbon Emissions in India
Already Least Carbon Emissions in India MSIL: Cleanest fleet of cars in India 270 Fleet CO2 FY’2021-22 [g/km] 175 179 152 155 157 159 160 160 147 150 127 129 132 134 118 122 122 111 MSIL A B C D E F G H I J K L M N O P Q R Source: MoRTH Report on annual fuel consumption compliance for FY’2021-22 Lin
Slide 11: Battery Electric Vehicle
Battery Electric Vehicle 10
Slide 12: Setting up EV Ecosystem in India
Setting up EV Ecosystem in India 1. Suzuki has setup India’s first Li-ion cell and battery manufacturing plant in JV with Toshiba and Denso (TDSG). 2. TDSG started production in 2021. 3. We are also exporting batteries with ‘Made in India’ Li-ion cells. 4. Second manufacturing facility for Li-ion ba
Slide 13: Setting up EV Ecosystem in India
Setting up EV Ecosystem in India Indian Engineers of Battery company trained in Japan 12
Slide 14: Strong EV Line up for Future
Strong EV Line up for Future eVX: Concept Electric SUV Introducing Unveiled in Jan’2023 6 Battery Electric Vehicles by FY’2030-31 Battery Capacity: 60 kWh Driving Range: up to 550 km Introduction : FY’2024-25 13
Slide 15: Passenger Vehicle Electrification in India
Passenger Vehicle Electrification in India Projection of Passenger Vehicle* (PV) year wise sales in India 7.0 Annual Sales (in millions) Total PV sales: 2022 to 2030 3.0 Battery Electric Vehicle (BEV) sales: Ambitious scenario of 30% share in 2030 30% 2022 2023 2024 2025 2026 2027 2028 2029 2030 Ass
Slide 16: Strong Hybrid Electric Vehicle (SHEV)
Strong Hybrid Electric Vehicle (SHEV) 15
Slide 17: EV Family: Electrified Technologies
EV Family: Electrified Technologies Core components of all electrified technologies are same 16
Slide 18: Grand Vitara SHEV
Grand Vitara SHEV • Most Fuel-Efficient SUV in India: 27.97 km/l (33% higher than conventional ICE) • Self-charging hybrid electric car • First in segment 1.5 L Intelligent Electric Hybrid Technology with dual electric and ICE powertrain • Longer range with full tank: up to 1,200 km 17
Slide 19: Compressed Natural Gas (CNG) and Compressed Bio-Gas (CBG)
Compressed Natural Gas (CNG) and Compressed Bio-Gas (CBG) 18
Slide 20: CNG: Big opportunity for decarbonisation
CNG: Big opportunity for decarbonisation 20% - 25% of CO2 reduction Govt Target: 17,700 CNG Stations in India 4,853 4,433 3,101 2,207 1,424 1,730 995 1,071 1,233 2015 2016 2017 2018 2019 2020 2021 Apr'22 Nov'22 2030 MSIL CNG Sales (in '000 units) 339 230% 209 103 122 CY 2019 CY 2020 CY 2021 CY 2022
Slide 21: Compressed Bio-Gas as transport fuel
Compressed Bio-Gas as transport fuel Cow dung from Fuel supply of 10 cows in 1 day 1 car in 1 day 20
Slide 22: Flex Fuel Vehicle
Flex Fuel Vehicle 21
Slide 23: Developed India's 1st Flex Fuel mass segment prototype car
Developed India’s 1st Flex Fuel mass segment prototype car 79% lower CO2 emission* • BS6 Flex Fuel Prototype car locally developed in India • Capable to run on Ethanol blending of up to 85% • Reduces crude oil import and boosts Agri-based economy • Launch planned in 2025 *by taking into account the
Slide 24: Summary
Summary • Multiple technologies will be required towards decarbonization of the Indian auto sector. • The total carbon reduction of the fleet will depend upon not just the carbon reduction of each technology, but also on the volume of vehicles each technology can generate. • Each technology will hav
Slide 25: Thank You!
Thank You! 24
Maruti Suzuki India — Investor Presentation (February 2023) on 6ix