Toyota-Suzuki electric vehicle in India by 2020
Japanese automobile manufacturers Suzuki Motor and Toyota Motor join hands to manufacture electric vehicles in India. Toyota-Suzuki electric vehicle in India around 2020. A Memorandum of understanding (MO) has been signed by both the companies to work together to introduce electric vehicles. This partnership comes out as a result of an MOU that was signed in February this year on beginning considerations of business partnership. According to this partnership, Toyota will provide technical knowledge and Suzuki will manufacture vehicles for the Indian market and supply the same to Toyota as well.
Toyota-Suzuki electric vehicles comprehensive study would be conducted to understand the activities required for widespread acceptance and popular use of EV in India. This study will also be essential to understanding easy implementation of charging stations, after-sales and sales channel human resource training and one of the major factor related to the treatment of end-of-life batteries. Both these companies join hands in line with Indian governments vision of switching to full electric by 2030 and also o boost ‘Make in India’ initiative.
“Toyota Motor Corporation and Suzuki Motor Corporation have concluded a memorandum of understanding on moving forward in considering a cooperative structure for introducing electric vehicles in the Indian market in around 2020,” the statement said.
Toyota-Suzuki electric vehicle tie-up in simple words is a signal that the Indian automobile market is up for a disruption in the coming years after the recent statement by Mr Nitin Gadkari to bulldoze the manufacturers who don’t shift from Diesel and Petrol to EV.
“Looking at the pollution levels in certain cities, the government is likely to push the EV agenda even harder. Therefore, traditional transportation will create a lot of trouble for India. OEMs (original equipment manufacturers) should capitalize on the situation,” said Abdul Majeed, a partner at PricewaterhouseCoopers
Suzuki intends to procure electric vehicle motor and other components locally for production of EV. MSIL is also intends to construct a lithium-ion plant on its recently opened plant in Gujarat. Recently CEO of Suzuki Motor Toshihiro said, “As the industry shifts towards EVs, when it comes to India, our volumes are so large that I worry that we could be caught flat-footed if there was a sudden shift towards electrification.”
In view of Electric vehicle manufacturing in India and following Indian governments initiative to shift to all-electric vehicles by 2030, Autobot India pioneers to provide Professional Certification Training Program on Electric Vehicle in Delhi and Bangalore. Training in association with Polaris GEM Electric Vehicles, subsidiary of Polaris Industries which manufactures utility based Electric vehicles.