As part of its growth strategy, Suzuki Motor Corporation of Japan announced on Thursday that it will introduce six battery-electric vehicles in India by FY2030 and achieve carbon neutrality by 2070 the government’s goal.
Suzuki Motor Corporation (SMC) stated in its growth strategy for FY2030, which was posted on BSE by its Indian arm Maruti Suzuki India, that it will offer carbon-neutral internal combustion engine vehicles powered by CNG, biogas, and ethanol mixed fuels in India.
Suzuki Motor Corp will come with Six battery-electric vehicles:
SMC said on its battery EV presentation plan, “In India, we will present the SUV battery EV declared at the Vehicle Exhibition 2023 in FY2024, with six models to be sent off by FY2030″.
According to the company, battery electric vehicles will make up 15% of its total product portfolio by FY2030. It is followed by internal combustion engine vehicles at 60% and hybrid electric vehicles at 25%.
Maruti Suzuki India, the company’s subsidiary, is the nation’s largest passenger vehicle manufacturer by sales. The electric SUV concept known as the “eVX” was unveiled by SMC earlier this month at the Auto Expo 2023. It is expected to be available for purchase in 2025.
SMC also emphasized India’s biogas industry as one of the primary focus areas.
“While we anticipate that the Indian market will expand toward FY2030, we also anticipate that the total CO2 emissions will unavoidably rise, even though products emit less CO2. It stated, “We will challenge you to find a balance between increasing sales units and decreasing total CO2 emissions.”
The biogas business, which will produce and supply biogas derived from cow dung, a dairy waste found primarily in India’s rural areas, is Suzuki’s singular initiative to address this issue.
It said, “This biogas can be used for Suzuki’s CNG models, which account for approximately 70% of the CNG car market in India.” Additionally, Suzuki said it had signed a memorandum of understanding to verify biogas with the Indian government agency National Dairy Development Board and Banas Dairy, Asia’s largest dairy manufacturer.
The Japanese automaker added that it had invested in Fujisan Asagiri Biomass LLC. It produces power in Japan using biogas derived from cow dung, and that it had begun its research.
It went on to say that, “We believe that the biogas business in India not only contributes to carbon neutrality but also promotes economic growth and contributes to the society of India.”
In the future, the company will also think about expanding the business to other farming areas in Africa, ASEAN, and Japan.
According to the statement, “Suzuki, the market leader in India’s automobile market, is consistent with the intent of the Paris Agreement. It requires harmony between developed and emerging countries for CO2 emission reduction.” Suzuki contributes to carbon neutrality and economic growth in emerging countries.
Carbon neutrality is SMC’s top priority among the major projects for FY2030.
The company stated, “Suzuki aims to achieve carbon neutrality in Japan, Europe, and India by 2070, based on the target date set by each government.”
According to the company, Maruti Suzuki, Suzuki R&D Center India, Suzuki headquarters, and Yokohama Lab will collaborate on research and development for efficient development by sharing development in each field of future technologies, advanced technologies, and mass production technologies.
It went on to say, “Also, the Suzuki Innovation Center is exploring new connections and innovations for Suzuki to fully take root in India.”
In addition, the business stated that it would collaborate with startups, the Suzuki Suppliers Association. Indian and Japanese universities to strengthen their manufacturing capabilities.