Japanese automaker Suzuki Motor Corporation said on Sunday that it will invest about 150 billion yen (about Rs 10,445 crore) in local production of Battery Electric Vehicles (BV) and BEV batteries in Gujarat by 2026. To this end, the company has signed a Memorandum of Understanding (MoU) with the government of Gujarat. It was signed “on March 19, 2022 at the India-Japan Economic Forum, held in New Delhi, India, in the presence of Japanese …
This post Suzuki invests Rs 10,445 crore for local production of electric vehicles, batteries in Gujarat
was original published at “https://www.bloombergquint.com/business/suzuki-to-invest-rs-10445-crore-for-local-manufacturing-of-electric-vehicles-batteries-in-gujarat”
