To provide a steady and sustainable battery supply for operations in the future, Suzuki Moto Corp has forged several strategic alliances with Tata Gotion, TDS Lithium-ion Battery Gujarat (TDSG), FinDreams Battery, and ELIIY Power.
These partnerships will guarantee a varied procurement approach and assist Suzuki Motor’s expanding electric mobility sector. While TDSG offers lithium-ion batteries for mild and powerful hybrid autos, Tata Gotion delivers batteries for electric motorcycles. As the official supplier for automotive BEVs, FinDreams Battery guarantees a consistent supply of batteries for Suzuki’s electric vehicle manufacturing.
Furthermore, Suzuki and ELIIY Power are working together to set up a battery research and development facility at their Kawasaki Plant, with an emphasis on internal manufacturing and the creation of batteries made in the country.
According to the automaker’s investor presentation, the plan is to work with partners to acquire batteries that have demonstrated performance and quality, and to get ready for future demand growth by taking into account the collaborative development of locally made batteries towards in-house production.
By 2030, Suzuki Motor hopes to have four battery-electric vehicles in the Indian passenger car market. By the end of this decade, the company is expected to produce about 381,000 electric vehicles annually. By the end of this decade, it is anticipated that 15% of Maruti Suzuki’s powertrain mix will consist of BEVs, with the remaining 35% and 25% coming from CNG, conventional ICE, and hybrid vehicles, respectively.
The emphasis on localisation will boost India’s position as a major supplier to global markets and encourage domestic demand. In order to propel its worldwide electrification goals, Suzuki will keep growing its supply chain, make investments in new manufacturing facilities like the Gujarat and Kharkhoda plants, and take advantage of India’s economic potential.