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Thursday, 21 December 2017 - 16:32
Maruti Suzuki electric car to hit roads by 2020
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The Chairman of Maruti Suzuki, R. C. Bhargava says the first electric car of Maruti Suzuki will hit the Indian roads by 2020.
 
Their parent company Suzuki recently announced a tie-up with Toyota of Japan to manufacture EVs.
 
Up until now the path forward was not entirely clear.
 
Now, however new information has come out at the Maruti Suzuki’s year-end meeting.
 
Speaking at the Year-end meeting, R. C. Bhargava, the Chairman at Maruti Suzuki shed some light on the exact scope of the tie-up between Toyota and Suzuki in Japan.
 
The joint venture between the companies boils down to an R&D exercise that will build on both companies building on their own existing electric and hybrid technologies.
 
The main scope of the partnership will focus on three things:
 
1) Electric Vehicle
2) Hybrid technologies
3) Fuel Cell technology
 
Although Fuel Cells are being considered as a possible future technology.
 
The main reach of this project will focus on the first two, the Indian media reported.
 
Maruti has also said that neither of the Japanese companies will ultimately be involved in the actual manufacturing process in India.
 
Their primary focus as of right now will be as an outsourced R&D supplier, which means while Maruti might import the design framework most of the manufacturing process will be restricted to the Indian subcontinent.
 
This will include batteries which will be produced out of Maruti Suzuki’s plant in Gujarat.
 
Bhargava declined to mention as to which market segment the EV will be focusing on.
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