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. Toyota has previously said that this kind of car is the most suitable for the Indian market

the two companies said that a Toyota plant in southern India will start producing a hybrid SUV developed by Suzuki in August this year

it is reported that this hybrid SUV will have two versions equipped with different power systems, one of which is the light hybrid version equipped with Suzuki system, and the other is the strong hybrid model equipped with Toyota system. In the light hybrid model, the motor only provides auxiliary power for the fuel engine, while the strong hybrid model has all electric mode

Toyota and Suzuki reached a broader cooperative relationship as early as 2017, and manufacturing such hybrid vehicles is also part of the agreement. The two companies plan to produce and sell this hybrid vehicle locally in India and export it to markets such as Africa

some investors criticized Toyota, as the world's largest auto manufacturer by sales, for its slow action in transforming to pure electric vehicles

however, Toyota believes that hybrid vehicles are more suitable in those markets where the infrastructure is not ready for pure electric vehicles

Toyota also said that most electricity in developing countries is generated from coal or other fossil fuels. The company said that since local electric vehicles rely on this mode for power, the pollution caused by electric vehicles is more serious than that caused by hybrid electric vehicles

last year, Toyota promised to invest 60billion US dollars in the electrification transformation and upgrading of its models by 2030, but only half of them were used to develop pure electric models

the two companies said in the joint statement that the new hybrid SUV has not been named yet and will be sold under the brands of Toyota and Suzuki respectively. Both companies will rely on related companies in the local market for marketing

India wants carmakers to produce more electric vehicles. But so far, the popularity of electric vehicles in the Indian market is very slow. Only Tata motor company produces electric vehicles locally in India

in March this year, Suzuki promised to invest US $1.4 billion in India to produce pure electric vehicles and automobile batteries, but its subsidiary in India, Maruti Suzuki, said that it would not launch pure electric vehicles before 2025

Toyota focuses on establishing an electric vehicle supply chain in India before starting to produce electric vehicles. In May this year, Toyota said it would invest more than 600million US dollars to make India a global production center for various electric vehicle parts

for major consumers in India and other emerging economies, the current prices of pure electric vehicles and hybrid vehicles such as Toyota Prius are too high. Toyota has been struggling to reduce the manufacturing costs of the Prius

from a certain point of view, this is also one of the reasons for the cooperation between Toyota and Suzuki. Suzuki has always advocated low-cost manufacturing in India. The agreements between the two sides include joint product development, cooperation to reduce local procurement costs and share technology. (Chenchen)

2023-03-22 10:04:53