Maruti Suzuki may launch e-car before 2020

Toyota And Suzuki To Introduce Electric Vehicles In India

Toyota And Suzuki To Introduce Electric Vehicles In India

In 2017, February both the companies have chose to work together while on yesterday, the agreement has been signed to make the work in progress.

Suzuki Motor Corp will take technical support from Toyota Motor and will also supply some electric vehicles to the latter, it said. "Additionally, Toyota and Suzuki intend to conduct a comprehensive study of activities for the widespread acceptance and popular use of EVs in India", the statement said. The organization having competitors like Mahindra, Tata Motors etc. Indian government has even reduced the tax on electric vehicles from 29% to 12% giving an impetus to manufacturers to produce electric vehicles domestically.

Suzuki CEO, Toshihiro Suzuki had earlier said that the Indian government's push towards electrification of vehicles had the potential to catch them unprepared.

Toyota in September established a venture to develop electric vehicle technology with partner Mazda Motor Corp, seeking to catch up with rivals in an increasingly frenetic race to produce more battery-powered cars.

Toyota And Suzuki To Introduce Electric Vehicles In India
Maruti Suzuki may launch e-car before 2020

"Such activities encompass the establishment of charging stations, human resources development that includes training for after-service technicians employed throughout sales networks, and systems for the appropriate treatment of end-of-life batteries".

Suzuki has already announced that it intends to construct a lithium-ion battery plant along with its partners in Gujarat, where it now operates a manufacturing plant supplying automobiles exclusively to its Indian arm Maruti Suzuki.

This seismic shift to NEVs has triggered a flurry of electric vehicle deals and new launches as makers globally race for a share of the world's biggest automobile market. Suzuki may also get Toyota's 5% stake in the dare to quick track its electric vehicle venture.

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