Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Maruti Suzuki Aims To Begin Exporting Electric Vehicles

- Advertisement -

Bharti mentioned that they are exporting battery cells and modules to advanced countries in Europe and expect to reach nearly INR 750 crore in exports of lithium-ion advanced chemistry cells, battery packs, and modules this financial year.

Maruti Suzuki India is gearing up to export Electric Vehicles (EVs) from India starting this year, following their domestic launch, according to a top official of the company. They are also aiming to export lithium-ion battery cells and modules, anticipating exports worth around INR 750 crore in this fiscal year. Rahul Bharti, Maruti Suzuki India’s Executive Director, revealed at the Vibrant Gujarat Global Summit that exports of EVs to nations such as Europe and Japan are set to commence this year. He also mentioned that the company is currently exporting battery cells and modules to advanced countries, particularly in Europe, and is on track to achieve nearly INR 750 crore in exports of these items within the financial year.

Automotive Electronics Power Private Ltd (AEPPL), a joint venture involving Japan’s TOSHIBA Corporation, Denso Corporation, and Suzuki Motor Corporation, operates a lithium-ion battery facility in Hansalpur, Gujarat. Maruti Suzuki sources the cells and modules from this joint venture for its exports.

- Advertisement -

On Thursday, the company announced plans to invest INR 38,200 crore to establish a second plant in Gujarat and to add a fourth production line at the Suzuki Motor Gujarat plant. The new plant is expected to have a production capacity of 10 lakh units per year, while the fourth line will increase the annual production capacity at Suzuki Motor Gujarat from 7.5 lakh to 10 lakh units.

Toshihiro Suzuki, President of Suzuki Motor Corporation, stated on Wednesday that the Suzuki Group’s first Battery Electric Vehicle (BEV) is slated to roll out from the Suzuki Motor Gujarat by the end of this year. He added that this model is intended for sale not only in India but also for export to Japan and European countries.

- Advertisement -

Most Popular Articles

Aryaman Raghuvanshi
Aryaman Raghuvanshi
Aryaman Raghuvanshi is a Journalist at EFY. His passion is to explore the future of mobility, which gets him to cover latest technologies shaping the future of automobiles and EVs. But, at times he writes on broader technologies too. LinkedIn: https://www.linkedin.com/in/aryaman-raghuvanshi-2431b7153
reverse wireless charging

Smartphones With Wireless Charging Market Share To Escalate By 31% In 2024

0
Apple is expected to see modest growth by leveraging its dominance as all iPhone models support the feature. The adoption of wireless charging smartphones is...

Visteon Expands Operations With New Kolkata Tech Hub

0
Aiming to hire 500+ engineers and drive automotive tech innovation, Visteon is set to launch an advanced centre of excellence in Kolkata by 2025....

US Environment Agency Expedites PFAS Approval For Semiconductors

0
Despite fear of risks, The US Environmental Protection Agency is fast-tracking approval for new PFAS chemicals in the semiconductor industry, raising concerns about increased...
James Webb Space Telescope

Indian Scientists Proposes To Design A New Telescope To Study Exoplanets

0
The planned telescope is envisioned to have advanced capabilities for observing and analyzing exoplanetary atmospheres. India's scientific community is making strides in the field of...
Drones manufacturing

Marut Drones, Student Tribe To Provide Students With New Opportunities In Drones Tech

0
The partnership will provide structured learning experiences that go beyond conventional academic courses while also facilitating networking opportunities. Student Tribe, an online student community with...

“ISM 2.0 Must Prioritise Domestic Chip Design And India Manufactured Integrated Circuits” – Dr....

0
Highlighting concerns over the USD 24,000 cap under the Design Linked Incentive, Dr Veerappan V of the Indian Electronics and Semiconductor Association (IESA) discussed...
Vijay Kumar, Founder & CEO, Tsuyo Manufacturing

“We Aim To Become A System-Level Solution Provider For Powertrains” – Vijay Kumar of...

0
How does a ‘Make-in-India’ company with a name inspired by Japanese manufacturing practices make a difference in EV systems? Tune in for a deep...
Sanjay Kumar Das, MD, WEBEL

“West Bengal Is Positioning Itself As A Silicon Valley Hub, With Several Electronics Packaging...

0
Is West Bengal a ‘dead city’ for tech investments? Speaking to EFY’s Nijhum Rudra, WEBEL MD Sanjay Kumar Das (WBCS) counters negative views, highlighting...

“SEMI Is Actively Working With Indian Universities, Institutions To Create India’s Semiconductor Academy” –...

0
India’s semiconductor industry is expected to face a significant talent shortfall, with a projected shortage of 250,000 to 300,000 professionals by 2027. In an...
Alex P. James From Digital University Kerala

“We Have Removed Traditional Classroom-Based Teaching And Transitioned To Experiential Learning” – Alex P....

0
For India to become a design powerhouse, it must focus on developing Indian-owned companies that can sell their IPs and products globally, not just...

Panasonic, T-Hub Collaborate To Drive Startup Innovations

0
Focusing on diverse sectors like EV, air quality, and deep-tech, Panasonic, with T-Hub, announced four finalists of its Innovation Challenge to commercialise Nessum WIRE...

C-DOT Partners With Kerala Startup To Innovate AI Drone Technology

0
Eyeing to launch advanced AI drones for face recognition across various sectors, C-DOT has teamed up with Kerala-based startup Trois Infotech as a part...

C-DOT Partners With Indian Semicon Startup For Telecom Innovation

0
To develop India's own cutting-edge satellite tech components, C-DOT and startup Silizium Circuits have joined forces with support from the Centre's Telecom Technology Development...

Suchi Semicon Begins Production With $100M Investment Plans

0
Without relying on incentives, Suchi Semicon begins production in its Surat factory with a $100M investment, focusing on power semiconductors, global clients, and workforce...
Startup Funded

GrowX Ventures Aims ₹4B For Backing Deep-Tech Startups

0
Focusing on high-growth sectors like semiconductors, fintech, and space tech, New Delhi firm GrowX Ventures is set to launch ₹4 billion fund to back...

Industry's Buzz

reverse wireless charging

Smartphones With Wireless Charging Market Share To Escalate By 31% In 2024

0
Apple is expected to see modest growth by leveraging its dominance as all iPhone models support the feature. The adoption of wireless charging smartphones is...

Visteon Expands Operations With New Kolkata Tech Hub

0
Aiming to hire 500+ engineers and drive automotive tech innovation, Visteon is set to launch an advanced centre of excellence in Kolkata by 2025....

US Environment Agency Expedites PFAS Approval For Semiconductors

0
Despite fear of risks, The US Environmental Protection Agency is fast-tracking approval for new PFAS chemicals in the semiconductor industry, raising concerns about increased...
James Webb Space Telescope

Indian Scientists Proposes To Design A New Telescope To Study Exoplanets

0
The planned telescope is envisioned to have advanced capabilities for observing and analyzing exoplanetary atmospheres. India's scientific community is making strides in the field of...
Drones manufacturing

Marut Drones, Student Tribe To Provide Students With New Opportunities In Drones Tech

0
The partnership will provide structured learning experiences that go beyond conventional academic courses while also facilitating networking opportunities. Student Tribe, an online student community with...

Learn From Leaders

“ISM 2.0 Must Prioritise Domestic Chip Design And India Manufactured Integrated Circuits” – Dr....

0
Highlighting concerns over the USD 24,000 cap under the Design Linked Incentive, Dr Veerappan V of the Indian Electronics and Semiconductor Association (IESA) discussed...
Vijay Kumar, Founder & CEO, Tsuyo Manufacturing

“We Aim To Become A System-Level Solution Provider For Powertrains” – Vijay Kumar of...

0
How does a ‘Make-in-India’ company with a name inspired by Japanese manufacturing practices make a difference in EV systems? Tune in for a deep...
Sanjay Kumar Das, MD, WEBEL

“West Bengal Is Positioning Itself As A Silicon Valley Hub, With Several Electronics Packaging...

0
Is West Bengal a ‘dead city’ for tech investments? Speaking to EFY’s Nijhum Rudra, WEBEL MD Sanjay Kumar Das (WBCS) counters negative views, highlighting...

“SEMI Is Actively Working With Indian Universities, Institutions To Create India’s Semiconductor Academy” –...

0
India’s semiconductor industry is expected to face a significant talent shortfall, with a projected shortage of 250,000 to 300,000 professionals by 2027. In an...
Alex P. James From Digital University Kerala

“We Have Removed Traditional Classroom-Based Teaching And Transitioned To Experiential Learning” – Alex P....

0
For India to become a design powerhouse, it must focus on developing Indian-owned companies that can sell their IPs and products globally, not just...

Startups

Panasonic, T-Hub Collaborate To Drive Startup Innovations

0
Focusing on diverse sectors like EV, air quality, and deep-tech, Panasonic, with T-Hub, announced four finalists of its Innovation Challenge to commercialise Nessum WIRE...

C-DOT Partners With Kerala Startup To Innovate AI Drone Technology

0
Eyeing to launch advanced AI drones for face recognition across various sectors, C-DOT has teamed up with Kerala-based startup Trois Infotech as a part...

C-DOT Partners With Indian Semicon Startup For Telecom Innovation

0
To develop India's own cutting-edge satellite tech components, C-DOT and startup Silizium Circuits have joined forces with support from the Centre's Telecom Technology Development...

Suchi Semicon Begins Production With $100M Investment Plans

0
Without relying on incentives, Suchi Semicon begins production in its Surat factory with a $100M investment, focusing on power semiconductors, global clients, and workforce...
Startup Funded

GrowX Ventures Aims ₹4B For Backing Deep-Tech Startups

0
Focusing on high-growth sectors like semiconductors, fintech, and space tech, New Delhi firm GrowX Ventures is set to launch ₹4 billion fund to back...