Suzuki Motor Corp. is betting on India to spearhead its electric vehicle push, revealing plans to source batteries from China’s BYD Co. for its first locally-made EV.
The Japanese automaker will start manufacturing the e Vitara SUV in Gujarat this year, marking its entry into India’s growing electric vehicle market. The company aims to leverage its subsidiary Maruti Suzuki India Ltd.’s dominant position in the traditional auto sector to capture EV market leadership.
President Toshihiro Suzuki emphasized India’s economies of scale as crucial for efficient EV production. While initially relying on imported BYD batteries, the company intends to transition to domestic battery manufacturing once sales volumes justify the investment.
The strategy builds on the legacy of former Chairman Osamu Suzuki, who died in December at 94 after establishing the company’s strong presence in India. The current management plans to expand production capacity to transform India into an export hub serving Europe, Japan, Africa, and Southeast Asia.
Beyond pure electric vehicles, Suzuki is pursuing a multi-pronged approach to reduce emissions, including vehicles powered by compressed natural gas derived from renewable biomethane. This diversified strategy reflects the company’s assessment of various pathways to lower its carbon footprint while maintaining market competitiveness.
