Suzuki to invest Rs 10,445 crore for manufacturing electric vehicles, batteries in Gujarat : The Tribune India

PTI

New Delhi, March 20Japanese automaker Suzuki Motor Corporation on Sunday said it would invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles (BEV) and BEV batteries in Gujarat.The company has signed a Memorandum of Understanding (MoU) to this effect with the Gujarat government.“The MoU was signed on March 19, 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi,” Suzuki Motor Corporation said in a statement.Speaking at the forum, Suzuki Motor Corporation (SMC) Representative Director and President Toshihiro Suzuki said, “Suzuki’s future mission is to achieve carbon neutrality with small cars. We will continue active investment in…

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