6 EV launch in India by Suzuki by FY2030 |Growth Strategy Plan Out

6 EV launch in India by Suzuki by FY2030, Suzuki Growth Strategy Plan out today, which demonstrates that Suzuki will only cover 15% of BEV(battery electric vehicles) market share, 25% will account for HEV, and 60% will account to ICE car which includes Biogas, Ethanol mixed fuel.

Suzuki’s strategy plan shows that the company to launch 6 electric vehicles in India by the financial year 2030, as well as a co-branded Toyota-Suzuki Model.

There are many rivals are present in India, but Suzuki has likely focus on the Mass market. the brand also expects India and Africa to have fast-growing for it, and the automaker also expects Suzuki to double its turned over by the end-decades.

Overview

As per that document reveal, Suzuki plans to launch its all first electric vehicle by the Financial year 2024 which is based on the eVX concept which was exposed at the Auto expo 2023. The eVx concept is dedicated to an all-electric SUV & boasts a range in excess of 500Km of range.

The eVX SUV concept is 4,300 mm longer, 1,800mm wider, and 1,600mm taller, it comes with a large 60KWH of battery pack which Suzuki said is “Safe Battery technology”, which offer 550Km of range on a single charge.

The powertrain ratio shows that Suzuki to launch Mix powertrain cars in India ICE(internal combustion Engine), HEV(Hybrid Electric Vehicles), and BEV(Battery electric vehicles), in which a large 60% market share is for ICE which includes Biogas, Ethanol mixed fuel, etc., 25% is account to HEV and only 15% is account to BEV.

To achieve this target Suzuki invest 2.83 lakh core to build an electric vehicle, batteries, and battery manufacturing plant.

Japan’s Suzuki Motor Corp invests $34.8Billion through Fiscal 2023 in EV

Thursday, Japan’s Suzuki Motor Corp invests $ 34.8 billion (4.5 trillion yen) through Fiscal 2023 in R&D (Research and Development) & capital spending to build electric vehicles.

Japanese giant automaker Suzuti known for compact “kei” cars announced today, it would invest 2 Trillion yen in electrification & autonomous technology (FSD) & 2.5Trillion yen to build battery EV plants and renewable energy like solars.

Of money earmarked for electrification, 500 billion yen will be invested in a battery plant.

utility vehicles & Micro “kei” cars in japan this year 2023, it would be affordable with the customer in mind  Hisashi wants to sell 1 million yen vehicles.

Suzuki unveils later when all its rival has revealed its oar to capture the European and USA market.

Suzuki plans to learn from Toyota how to use EV technology to build small compact electric cars, he said during a visit to India, this month.

Suzuki plans to launch the first electric motorcycle globally in India and Japan, in the following years no exact date is revealed yet.

The reason to select Toyota is that it captures the biggest share of India’s budding EV market, thatswhy Suzuki plans to learn EV technology from Toyota Motors.

Mazda Motor Corp plans to invest $10.6 Billion in November to build an electric vehicle or battery plant.

“Still, Toshihiro Suzuki said on Thursday the automaker was not abandoning hybrid and internal combustion vehicle line-ups, pointing to a lack of charging infrastructure, high EV costs, and concerns over limited battery resources.”

For India, Suzuki’s key market, it predicted EVs would make up 15% of its vehicle line-up in fiscal 2030, while internal combustion engine cars using biofuels and ethanol as fuels would make up 60%.

Last year: Maruti Suzuki to launch multiple Electric vehicles in India by 2025: says CEO & MD, Mr. Hisashi Takeuchi

Maruti Suzuki to launch multiple Electric vehicles in India by 2025: says CEO & MD Hisashi Takeuchi on Sunday.

Maruti Suzuki will launch its multiple electric Models in India by 2025 says New CEO and MD Hisashi Takeuchi.

The World Largest automaker company Maruti Suzuki now planning to launch multiple electric Models in India by 2025 in its bid to catch up with the EV competition and become the market leader in the EV segment says the New managing director and CEO, Mr. Hisashi Takeuchi.

Maruti has aim to launch its first electric vehicle in 2025 and also plans to produce its electric vehicle from new factories in the future, To begin with, the first EV will roll out from Maruti Motors Gujarat Plant says, Takeuchi.

The company’s new Managing Director and CEO Hisashi Takeuchi, said, “We are a little behind our competitors in introducing the (EV) model to the Indian market, but we see that still, the market demand for those EVs is limited. Actually, sales of EVs in the Indian market are still very, very limited,”, As per the PTI report.

As electric vehicles growing in India day by day, many competitors of Suzuki are available in the EV market such as tata motors, Toyota, etc. all of them working on their electric vehicles also getting successful EVs such as tata motors, Tata Nexon EV, and Toyota Motor Corporation, Toyota Mirai.