Biznextindia : Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have announced that they will start production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd. (TKM) from August. Maruti Suzuki India Limited and TKM will market the new model in India as Suzuki and Toyota models, respectively.
The two companies are planning to export the new model to markets outside India including Africa. The powertrains of the new model to be on sale in India, will be equipped with mild hybrid developed by Suzuki and strong hybrid developed by Toyota. By bringing together strengths of both Toyota and Suzuki through the collaboration, the two companies will be able to provide a wide variety of vehicle electrification technologies to customers and contribute to the acceleration of electrification and the realization of a carbonneutral society in India.
“We are pleased to announce the new SUV with Suzuki, a company that has a long history of local involvement in the Indian business. Today, the automotive industry is facing various challenges such as electrification and carbon neutrality. By leveraging the respective strengths of Toyota and Suzuki to provide Indian customers with a variety of options, we hope to contribute to the reduction of CO2 emissions and realize a society where ‘no-one is left behind’ and ‘everyone can move freely’” Toyota President Akio Toyoda said.
“Production of the new SUV at TKM is a project that can contribute to the growth of India through providing eco-friendly mobility needed by customers. We recognize that it is a big milestone toward further deepening our collaboration in the future. We appreciate the support from Toyota, and at the same time, will explore new synergy and business opportunities through continuous collaboration” Suzuki President Toshihiro Suzuki said.
In March 2019, both the companies have announced collaboration in the field of Electric vehicles and compact vehicles. As per the agreement, Toyota supplies THS (Toyota Hybrid System) to Suzuki. In the Indian market Toyota Widely spread hybrid electric vehicle (HEV) technologies in India through local procurement of HEV systems, engines, and batteries. The deal also provides OEM supply of two new electrified vehicles built on Toyota platforms (RAV4,Corolla Wagon) to Suzuki in Europe.