Suzuki and Toyota join hands to carry electric cars to India by 2020

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Toyota Motor Corporation and Suzuki Motor Corporation have signed a memorandum of understanding which will see both companies working together for introducing electric vehicles (EVs) in the Indian market by around 2020. The agreement stems from the two companies having concluded on February 6 this year a MOU on beginning considerations for business partnership, after which they began discussing, among other topics, the dissemination of vehicle electrification skills in India.

Under this partnership, Suzuki is to produce Electric cars and electric vehicles for the Indian market and will supply some to Toyota, while Toyota will provide technical support. Moreover both the corporations, Toyota and Suzuki aim to conduct a broad study of activities for the widespread acceptance and popular use of EVs in India. Activities including setting up 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.

To go into details of the MOU, Suzuki is to harvest EVs for the Indian market and will supply some to Toyota, while Toyota is to deliver technical support. Additionally, Toyota and Suzuki intend to conduct a comprehensive study of activities for the widespread acceptance and popular use of EVs in India.

The study will also 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 on the grounds of its freshly opened car plant in the Indian state of Gujarat. As envisioned by the agreement, in addition to lithium-ion batteries, electric motors and other major components would be locally procured for the production of EVs in India.