Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
August 14, Tuesday 2018 8:48 PM       

       HEADLINES: Journalists assaulted at Jalandhar Bishop's house                                              Allu Arjun donates Rs 25 lakh to flood-ravaged Kerala                                              Rain fury: Schools to reamin closed in several areas                                              UDF MLAs, MPs to donate Rs 10,000 to relief fund                                              Two shutters of Cheruthoni dam closed                                              Monsoon rains, floods claim 776 lives in seven states; highest 187 dead in Kerala                                              Hajipur shelter home: DPO arrested                                              Anti-Sikh riots: Delhi HC to hear victims' appeals against Sajjan Kumar                                              Tributes paid to Karunanidhi at DMK meet                                              Simultaneous election right in theory but not possible now: Nitish Kumar                                              Erdogan says Turkey to 'boycott' US electronic goods                                              Kohli's plea to fans: Never give up on us                                              David Silva bids adieu to International football                                              Kaumudi Facebook
       AUTOMOBILE Next Article: Electric vehicles way ahead for Smog-choked Delhi  
       Toyota, Suzuki finalise pact to launch EVs in India by 2020
 
         Posted on :17:32:21 Nov 17, 2017
   
A A
       Last edited on:17:32:21 Nov 17, 2017
         Tags: Toyota, Suzuki finalise pact to launch EVs in
 

Japanese auto majors Toyota Motor Corporation and Suzuki Motor Corporation said on Friday that they will co-operate on introducing electric vehicles (EVs) in India by 2020.

The two companies said in a joint statement that they have concluded a memorandum of understanding (MOU) to take forward a co-operative structure under which Suzuki will produce EVs for the Indian market and will supply some of them to Toyota, which will provide technical support.

Besides, the statement said, they intend to conduct a comprehensive study of activities for widespread acceptance and popular use of EVs in India.

"Such activities 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," it said.

In February this year, the two companies had announced exploration of a business partnership after which they began discussing, among other topics, the dissemination of vehicle electrification technologies in India.

Suzuki has already announced that it intends to construct a lithium-ion battery plant along with its partners in Gujarat, where it currently operates a manufacturing plant
supplying automobiles exclusively to its Indian arm Maruti Suzuki. As per the agreement, in addition to lithium-ion batteries, electric motors and other major components would be locally procured for production of EVs in India.

The announcement by the two companies comes at a time when the Indian government is pushing for electric vehicles, setting a target of an all-electric fleet by 2030.

A A
       AUTOMOBILE
Next Article: Electric vehicles way ahead for Smog-choked Delhi
 
 
AUTOMOBILE HEADLINES
Tata Motors plans to roll out 10-12 new passenger vehicles in next 5 years  
Harley seeks alliance for lightweight bikes to grow India business  
Maruti Suzuki to Recall 1,279 units of new Swift and Dzire models  
Hyundai to drive in an electric SUV in India next year  
New Fiat Chrysler boss set to stay on course in post-Marchionne era  
Passenger vehicle sales rise 38% in June; car sales up 34%  
Hyundai crosses 8 mn cumulative production milestone in India  
India could have 10 million CNG vehicles on roads by 2025: Report  
Apple signs deal with Volkswagen for driverless cars  
Toyota Yaris launched at a starting price of Rs. 8.75 lakhs  
Honda drives in new Amaze; to launch six new models in three years  
Tesla sets up Shanghai firm as it expands China presence  
Volkswagen to recall 410K cars over faulty seat belts  
Terra Motors raises 10 million dollar fund to expand in Asian market  
CarToq emerges as the largest, most-engaged automobile platform in India  
Favourable taxation structure pre-requisite to launch EVs in India: Mercedes  
Toyota to build test track for self-driving cars  
Skoda eyes up to 10% growth in 2018  
China considering cutting duty on imported cars by about half  
Triumph Motorcycles India eyes 10% growth  
Dream job: Harley-Davidson interns get a free motorcycle  
BMW expects 50% of sales in India to come from X series SUVs  
First years’ service for smallest Rolls-Royce  
Volvo Cars plans to assemble two more models in India this year  
Toyota plans to hike vehicle prices next month  
 
Do you think there is pressure on police not to arrest Jalandhar bishop Fr Franco?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy