Suzuki's 10,000 Crore investment on electric vehicles, now cheap and cost-effective electric vehicles will come in the market
Suzuki Motor has played such a big bet on electric vehicles in India that you can be blown away by the amount of investment. The company has announced an investment of more than Rs 10,000 crore on battery-operated electric vehicles after PM Modi's meeting with Japan's Prime Minister Fumio Kishida recently. Suzuki's bumper investment in electric vehicles Investment plan of more than 10,000 crores The company will launch a very cheap EV in India! New Delhi: Japanese auto major Suzuki Motor will invest 150 billion yen (Rs 10,445 crore) in Gujarat by 2026 to locally manufacture battery electric vehicles (BEV) and BEV batteries. The company has signed a Memorandum of Understanding (MoU) with the Government of Gujarat in this regard. Simply put, now the demon of the auto industry has woken up and now electric vehicles are about to come out in the Indian market. Suzuki will soon bring cheap electric vehicles in the market, which will not only sit in the budget of the people, but...