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Suzuki announces $1.37B electric vehicle manufacturing investment in India

Teslarati

Japanese company Suzuki Motor said it plans to invest $1.37 billion in its India factory to produce all-electric vehicles and batteries, its India unit said earlier this week. “Suzuki’s future mission is to achieve carbon neutrality with small cars,” Suzuki Motor president Toshihiro Suzuki said. .

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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Amid slowing adoption of electric vehicles, Maruti Suzuki -the country’s largest car maker continues to explore different alternatives to move towards carbon neutrality. Given that Maruti Suzuki is also expanding its portfolio into higher priced mid-size SUVs, a plug-in hybrid is also a potential being explored for the future.

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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 In Japan, 4,201,321 vehicles were sold in 2022, down 5.6% from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association.

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Suzuki Motor will introduce six EVs in India by 2030

Electric Vehicles India

The Japanese auto major will invest Rs 2.82 lakh crore by the end of the decade, targeting 50 percent carbon-neutral technologies Suzuki Motor Corporation has pledged to invest JPY 4.5 To capitalize on the growing electrification sector, Suzuki plans to have a portfolio of six models in the country by 2030.

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. Apart from Maruti Suzuki, automakers including Toyota and Honda also offer hybrid vehicles.

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Hybrid cars have been touted as the bridge to fill in the gap between internal combustion engine technology and electric propulsion tech.

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