This company will export electric cars made in India to Japan, work is expected to start in the next 2 years
Suzuki Motor Corporation Latest News: Many companies in the country and the world have geared up for electric and green mobility. Now most of the companies are working on launching electric variants of their existing car or scooter models. The central government also has a lot of focus on electric mobility. In such a situation, Maruti Suzuki’s parent company Suzuki Motor Corporation has made a big announcement in view of India’s growth. Keeping in view the growth of the Indian market, the company has said that it is planning to make India its global electric car manufacturing center, in which the first batch of vehicles is expected to be introduced in early 2025.
Production will start in Gujarat plant
The company informed that it will start production of electric vehicles at the Gujarat plant and will also export them to Japan. The report published in Japan’s Nikkei newspaper on Wednesday said the company will also consider supplying India-made EVs to partner Toyota Motor for European markets, which will be sold under the Toyota brand.
Small SUV will be exported to Japan
According to language news, Nikkei said Suzuki will set up a new production line for electric cars at the Gujarat plant which also produces petrol cars. Nikkei said the battery-powered cars Suzuki plans to export to Japan will be small SUVs priced at about 3 million to 4 million yen ($20,043).
There will be 6 EVs in the lineup by 2026
Currently, Maruti Suzuki is lagging behind rivals like Tata Motors, which is the market leader in EVs. It has confirmed that it will have 10 EVs in its line-up by 2026. In contrast, Maruti does not have any pure electric vehicles in its portfolio. Maruti’s arch rival Hyundai has also committed to launch six EVs by 2028.
Although Maruti Suzuki has previously said it intends to launch six EVs by 2031, there were concerns among shareholders that other companies could overtake Maruti’s EV rollout. The company has also earlier announced that it will invest about 150 billion yen (about Rs 10,445 crore) by 2026 for local manufacturing of EVs and the batteries required for them in the Gujarat factory.
