Why did Maruti cut EV?
It cited supply constraints in rare earth materials that are vital in making magnets and other components across a range of hi-tech industries. Maruti still plans to meet its output target of 67,000 EVs for the year ending March 2026 by ramping up production in subsequent months, the document said. Latest Update: Maruti is working on an all-electric version of the Wagon R. Launch: The Wagon R EV could arrive by January 2026.