NewsBizkoot.com

BUSINESS News for MILLENIALAIRES

Maruti Suzuki To Supply Its First EV To Toyota

1 min read
Maruti Suzuki To Supply Its First EV To Toyota
Maruti Suzuki To Supply Its First EV To Toyota

Maruti Suzuki will supply its first-ever electric vehicle (EV) to Toyota Motor, both the companies said in the statement. The move marks their first collaboration on green vehicles.

Suzuki Motor owns more than 50% stake in Maruti Suzuki. The production of the EV will commence in Gujarat during the spring of 2025

As per resorts, the EV will be a sport utility vehicle (SUV) featuring a 60 kilowatt-hour. A Toyota spokesperson said that the new model will be launched by 2026.

Currently, Maruti Suzuki does not sell any EVs in India or globally, but sells hybrid vehicles manufactured by Toyota’s Indian arm.

As of now, Toyota sold 108,000 battery-powered electric vehicles till September. The sales Japanese automaker accounted for 1.5% of the global sales

Previously, Suzuki and Toyota have collaborated on developing combustion fuel vehicles

About Author