Suzuki Motor, which is positioning its India operation as an export hub for electric vehicles, plans to ship EVs built in India to Japan as early as 2025. The automaker intends to speed the global development of such vehicles.
According to Nikkei Asia, Suzuki chose India as its first EV production base because to its vast domestic market potential and reduced manufacturing costs.
According to the report, Suzuki would develop a new EV production plant in Gujarat. Maruti Suzuki, the company’s Indian affiliate, plans to begin production in the fall of 2024. It intends to export tiny SUVs for roughly $20,000 each.
Suzuki also intends to sell under its own brand in Europe, as well as supply Toyota Motor for sale through a collaboration. If Suzuki decides to supply Toyota, the EVs will be offered under the Toyota brand, according to the article.
Suzuki’s decision to commence production in India is unique given that Japanese automakers develop their technologies in-house. Toyota and Nissan, unlike Suzuki, began EV manufacture in India.
Using the knowledge obtained in India, the business intends to develop electric kei automobiles in Japan beginning in 2026.
Separately, Maruti Suzuki began selling the off-roader Jimny 5-Door in Latin America, the Middle East, and Africa. The Jimny 5-Door is produced solely in India. In November 2020, the company began manufacture of the three-door Jimny for sale to Latin America and Africa.
“The Jimny has strengthened Maruti Suzuki’s presence in the SUV segment,” said Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited. This lifestyle SUV has particularly appealed to clients who prefer off-roading in difficult terrain. The India-made Jimny 5-Door in our export portfolio will undoubtedly pique the interest of our international consumers. In line with the Indian government’s ‘Make in India’ policy, our company presently exports a diverse variety of 17 vehicles across segments. We stay dedicated to our work.