Japanese carmaker Suzuki Motor's Indian unit will supply its first electric vehicle to Toyota Motor, the two companies said on Wednesday, marking their first collaboration on green vehicles.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of the EV from spring 2025 in its plant in the western Indian state of Gujarat.
The EV was jointly developed by Suzuki, Toyota and Daihatsu, according to the statement.
Suzuki and Toyota have previously collaborated on developing combustion fuel vehicles, but not EVs.
Maruti Suzuki, India's biggest carmaker by market share, does not sell EVs in India or globally, but sells hybrid vehicles manufactured by Toyota's Indian unit.
The EV, which will be a sport utility vehicle, will have a 60kWh battery pack. Its range has not been disclosed.
The new model will be one of 10 battery-powered vehicles the world's biggest carmaker has said it will launch by 2026, a Toyota spokesperson said. There are no plans to produce the EV anywhere else besides the Gujarat plant.
Toyota said earlier on Wednesday it sold just over 108,000 battery-powered electric vehicles worldwide during the first nine months of the year, accounting for 1.5% of its global sales, including that of its luxury Lexus brand.
Maruti Suzuki plans to add a fourth production line at the Gujarat facility with a capacity of 250,000 units per year, only for EVs.
It had previously said it plans to supply the EV globally, including to its Japanese parent and European markets.
Maruti Suzuki to supply its first EV to Toyota
Japanese carmaker Suzuki Motor's Indian unit will supply its first electric vehicle to Toyota Motor, the two companies said on Wednesday, marking their first collaboration on green vehicles.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of the EV from spring 2025 in its plant in the western Indian state of Gujarat.
The EV was jointly developed by Suzuki, Toyota and Daihatsu, according to the statement.
Suzuki and Toyota have previously collaborated on developing combustion fuel vehicles, but not EVs.
Maruti Suzuki, India's biggest carmaker by market share, does not sell EVs in India or globally, but sells hybrid vehicles manufactured by Toyota's Indian unit.
The EV, which will be a sport utility vehicle, will have a 60kWh battery pack. Its range has not been disclosed.
The new model will be one of 10 battery-powered vehicles the world's biggest carmaker has said it will launch by 2026, a Toyota spokesperson said. There are no plans to produce the EV anywhere else besides the Gujarat plant.
Toyota said earlier on Wednesday it sold just over 108,000 battery-powered electric vehicles worldwide during the first nine months of the year, accounting for 1.5% of its global sales, including that of its luxury Lexus brand.
Maruti Suzuki plans to add a fourth production line at the Gujarat facility with a capacity of 250,000 units per year, only for EVs.
It had previously said it plans to supply the EV globally, including to its Japanese parent and European markets.