Hirunews Logo
HiruNews
HiruNews
HiruNews
Maruti+Suzuki+electric+car+could+be+a+reality+by+2020%21
Tuesday, 21 November 2017 - 10:13
Maruti Suzuki electric car could be a reality by 2020!
244

Shares
29,325

Views
It has come to light that Maruti Suzuki India has taken a step towards fulfilling its wish to produce an electric car.
 
Accordingly, the car giant has signed an agreement with Japanese car manufacturer Toyota to create a venture to undertake this project ahead.
 
Suzuki Motor Corporation, Maruti’s Japanese parent, has decided to produce electric cars at the Gujarat production facility.
 
These EVs will not only launch in India but will also be exported to several export markets.
 
India will become Suzuki’s production and export hub of electric cars.
 
Suzuki plans to make a fresh investment of $ 600 million to setup up Plant C in Gujarat.
 
The additional investment will take Suzuki’s net investment in the state of Gujarat to more than $ 2.1 billion.
 
Currently, Plant A is capable of producing 250,000 units annually.
 
A lithium-ion battery production facility will churn out batteries for the company’s electric and hybrid cars.
 
The technology for the batteries will come from Denso, a Toyota-owned company, while the cell modules will come from Toshiba.
 
Together, the three companies will make an investment of $ 180 million for the battery production plant. This plant will start operations by 2020

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
3,342 Views
HiruNews
HiruNews
HiruNews
7,392 Views
HiruNews
HiruNews
HiruNews
8,261 Views
HiruNews
HiruNews
HiruNews
21,265 Views
HiruNews
HiruNews
HiruNews
893 Views
HiruNews
HiruNews
HiruNews
53,060 Views
Top