[Source: Autocar India]
Toyota and Suzuki have announced the signing of a memorandum of understanding (MoU) on creating a joint plan for the introduction of electric vehicles in India by 2020.
The new MoU is based on the earlier February 2017 agreement to create a partnership for the Indian market.
The terms of the MoU state that Suzuki will produce EVs for the Indian market and will supply a few to Toyota, while the latter will provide technical support for its electric models.
Both brands have also intended to conduct a comprehensive research for its widespread acceptance and use of EVs in India. This includes concerns about the establishment of charging stations, human resources development which includes training for after-service technicians and methods to the appropriate treatment of burnt out batteries.
The Indian government has strategies to rapidly promote a transition from internal combustion engines to battery-powered ones. Suzuki has already declared that it will build a lithium-ion battery plant in Gujarat. The companies will also look to locally produce and supply all of the components required including the battery package, electric motors and other essential pieces.
Earlier this month, Suzuki CEO, Toshihiro Suzuki, had said that the Indian government’s push towards electrification of vehicles had the potential to catch them unprepared. By teaming up, both Suzuki and Toyota might be better prepared to take care of the many hurdles which will be thrown up as India attempts its highly ambitious target of going all-electric by 2030.