Suzuki and Toyota: Departure into the Electric Future
- This venture could significantly advance electromobility in India.
- Suzuki and Toyota Start a Collaboration for the Production of Electric Vehicles.
Eulerpool News·
The Japanese automobile manufacturer Suzuki Motor has announced that its Indian subsidiary will deliver its first electric vehicle to Toyota Motor. This is part of the global partnership between the two companies, which was announced in a joint statement on Wednesday.
Maruti Suzuki, in which Suzuki Motor holds a majority stake, plans to start production of the electric vehicle in the spring of 2025 at its plant in the western Indian state of Gujarat. The vehicle was developed in collaboration with Suzuki, Toyota, and Daihatsu Motor.
This cooperation could initiate a significant step towards electromobility in India and strengthen the partners' position in the global market.
EULERPOOL DATA & ANALYTICS
Make smarter decisions faster with the world's premier financial data
New
Oct 30, 2024
Trade dispute between China and the EU intensifies: Tariffs on electric vehicles in focus
Oct 30, 2024