Japan's Suzuki to invest $35 billion through 2030 in EVs

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TOKYO :Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday. The Japanese automaker known for making compact 'kei' cars said it would invest 2 trillion yen in electrificatio

TOKYO :Suzuki Motor Corp will invest 4.5 trillion yen through fiscal 2030 in research, development and capital spending to make battery electric vehicles , it said on Thursday.

Suzuki plans to introduce battery EVs in Europe and India, and its first battery electric motorcycles globally, the following year. Suzuki plans to learn from Toyota how to use EV technology to make small electric cars, Suzuki said during a visit to India this month.

 

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