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EV-a2z > News > Suzuki to seeks Toyota’s expertise for EV portfolio in India
News

Suzuki to seeks Toyota’s expertise for EV portfolio in India

EV-a2zm
Last updated: 2023/02/08 at 4:39 PM
EV-a2zm Published February 6, 2023 3 Min Read
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Charging modern electric car (new energy vehicle, NEV) on the street station
Charging modern electric car (new energy vehicle, NEV) on the street station
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Japanese automaker Suzuki announced plans on January 26 to produce six all-electric vehicles in India through its local arm Maruti Suzuki by 2030 as part of its growth strategy. It also aims to launch its newly developed SUV battery in the country.

Contents
PurposePartnership

“In India, we will introduce the SUV battery EV announced at the Auto Expo 2023 in FY2024, with six models to be launched by FY2030.“

Suzuki

Maruti Suzuki (MSIL) will introduce battery EV SUV announced at Auto Expo 2023 in FY2024.
6 models to be launched by FY2030.
Full range of products and services – Suzuki will provide battery EVs, and also carbon neutral ICE vehicles that use CNG, biogas, & ethanol mixed fuels pic.twitter.com/nKrpPBZUG3

— RushLane (@rushlane) January 26, 2023

Suzuki intends to seek the expertise of its long-time Japanese partner Toyota. Per reports, Suzuki plans to utilize Toyota’s EV technology to develop small cars.

“So how to introduce this EV technology on small cars is something we need to work upon and share with Toyota.”

Suzuki President Toshihiro Suzuki

Purpose

Suzuki aims for 100% net-zero emissions by 2070 in India, which aligns with the government’s target. Furthermore, the Japanese automaker aims to launch a product lineup of 60% ICE vehicles, 25% hybrids, and 15% all-electric vehicles by 2030.

That said, the company will also deploy clean ICE vehicles in India by utilizing CNG, biogas, and ethanol mixed fuels, apart from the BEVs.

“Suzuki believes biogas powered CNG vehicles can promote carbon neutrality and economic growth. SMC has an MoU with National Dairy Development Board and Banas Dairy and biogas production will begin in Banaskantha in 2024.”

Suzuki

These initiatives will undoubtedly boost Suzuki’s clean mobility progress towards its net zero emission target. Furthermore, its EV venture will increase its sales, given the rapidly growing adoption of clean energy vehicles.

#OnCNBCTV18 | Expect to sell higher value of products this quarter as well; Jimny bookings have been very good. 6 EVs have been planned by 2030 with an eye on CAFE III norms, says Shashank Srivastava of Maruti Suzuki (@Maruti_Corp) pic.twitter.com/8r3pTQsI4O

— CNBC-TV18 (@CNBCTV18Live) January 27, 2023

Partnership

Suzuki will work with Maruti Suzuki, its Yokohama Laboratory, and Suzuki R&D Center India to develop EVs effectively. They would pool their knowledge and expertise of future technologies, advanced technologies, and mass production technologies.

As stated above, Suzuki will strengthen its partnership with Toyota for the development of EV-related technologies for the Indian market.

“We will deepen our cooperation relationship with Toyota Motor Corporation while continuing to be a competitor, and aim for sustainable growth and conquer various issues surrounding the automobile industry. Through the cooperation, we will cooperate in development of advanced technologies including autonomous and battery of electrified cars, business expansion in promising emerging countries, efforts for carbon neutrality in India, as well as formation of a recycling-based society that considers the environment.”

Suzuki

Suzuki to invest $35 Billion in EVs through 2030,plans to introduce Electric Vehicles in India and Europe soon.#feedmile #suzuki #TOYOTA #ev #technology #electricvehicles #India #Europe pic.twitter.com/WzJuke0rbm

— Feedmile (@feedmileapp) January 27, 2023

In retrospect, Maruti Suzuki introduced its first EV concept eVX at the Auto Expo 2023. The automaker plans to start production by 2025, as it is the only among the top 5 automakers in India not to penetrate the EV industry. Nonetheless, Maruti leads India’s car market sales with its small and low-cost offerings.

#Didyouknow?

World premiere of Suzuki’s EV concept model eVX has been made at the Maruti Suzuki Pavilion at Auto Expo 2023, which is held in the suburbs of Delhi,India from 11 January 2023. The eVX is an all-electric concept SUV derived out of Suzuki’s first global strategic EV pic.twitter.com/9Id9YIobRZ

— CFAO Motors Limited (@cfaomotorsltd) January 31, 2023

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TAGGED: Electric Vehicle, EV, India, Suzuki, Toyota
EV-a2zm February 8, 2023 February 8, 2023
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