[Source: Autocar India]
Toyota and Suzuki have announced the signing of a memorandum of understanding (MoU) about creating a joint plan for the introduction of electric vehicles in India by 2020.
The new MoU is in line with the earlier February 2017 arrangement to create a partnership to the Indian industry.
The conditions of the MoU country that Suzuki will create EVs to the Indian marketplace and will supply a few to Toyota, while the latter will provide technical assistance for its electric models.
Both brands also have intended to conduct a comprehensive research for its widespread acceptance and use of EVs in India. This includes concerns regarding 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.
Suzuki has already declared that it will build a lithium-ion battery plant in Gujarat. The companies will also seem to locally create and supply all of the components required including the battery package, electric motors and other essential pieces.
By teaming up, both Suzuki and Toyota might be better able to take care of the numerous hurdles which will be thrown up as India tries its highly ambitious goal of going all-electric by 2030.