Suzuki’s electric vehicle tie-ups aim to aid Maruti India
Suzuki has formed two important partnerships, driven by policy push in India and to keep its market shares intact in the country. It will produce lithium ion batteries in collaboration with Denso Corp. and Toshiba Corp. and will introduce electric vehicles in India by 2020 with Toyota Motor Corp.
If the electric vehicle market takes off in the country, the company will reportedly sell those to Indian customers. Image source: Reuters