Suzuki, Toshiba and Denso to form JV to produce automotive Li-ion battery packs in India
Green Car Congress
APRIL 14, 2017
Suzuki Motor Corporation, Toshiba Corporation, and Denso Corporation have reached basic agreement on establishing a joint venture company for production of automotive lithium-ion battery packs in India, and signed the agreement. million), with the planned participation ratio of Suzuki 50%, Toshiba 40% and Denso 10% respectively.
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