According to media reports, Suzuki announced on the 20th that it will start producing pure electric vehicles in India in 2025. Not only will the gasoline plant in Gujarat be added to the production facilities for pure electric vehicles, but also a new in-vehicle battery plant will be established. It will also build a vehicle dismantling and recycling plant, and will invest a total of about 150 billion yen (about 8 billion yuan) in its business in India.
More than 100 billion yen will be invested in the construction of an in-vehicle battery plant, which is planned to be located near the plant in Gujarat and start operations in 2026. The company has proposed plans to sell pure electric vehicles in Japan, Europe and India by 2025.
Suzuki President Toshihiro Suzuki attended the Japan-India Economic Forum held locally on the 19th. He said that "Suzuki's mission in the future is to achieve carbon neutrality in small cars" and stressed its intention to continue to actively invest in India.
This is the first time that production plans have been announced. India, Suzuki's main market, which controls almost half of new car sales, will increase its competitiveness through large-scale investments.
Some netizens said that Suzuki Motor withdrew from the Chinese market in 2018, chose to prefer small cars to build a factory in India, experienced production cuts under the epidemic, business operation difficulties, and now expanded its scale. How does Suzuki Do It?
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