Toyota has announced its plans to launch an EV in the Indian market as a jointly developed product under its partnership with Maruti Suzuki.
EV has become a buzzword in the Indian auto industry and the government is also taking steps to promote their acceptance in a bid to adieu the IC engine cars. And to support this initiative from the government, Japanese marque Toyota has announced its plan of launching an EV in the Indian market.
Toyota announced the confirmation of a low-cost EV under its partnership with Maruti Suzuki.
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Since Toyota is known for its bullet-proof reliability, an EV from the manufacturer sounds interesting and would be one potent electronic machine. But, the Japanese manufacturer will not be launching any product from its international lineup, instead, this EV will be jointly developed by Maruti Suzuki to further strengthen the duo’s partnership.
The news about the arrival of EV has been confirmed by the Shigeki Terashi, Executive Vice President, Toyota, during the first day of the 2019 Tokyo Motor Show. Mr Shigeki Terashi claimed, “Suzuki has a larger share of the Indian market and we have announced our collaboration with them. We will introduce a compact battery electric vehicle (EV) but I can’t divulge anything more right now. Some of the OEMs (original equipment manufacturers) have already introduced electric vehicles in India and we don’t want to be left behind”.
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Toyota is also considering to launch the Mirai in India under its ECO lineup.
The Toyota EVs sold internationally are expensive and manufacturing them India is not possible due to many factors, lack of resources being the primary. Thus, Toyota is planning to jointly develop an EV under its partnership with Marut Suzuki. The jointly developed EV is expected to be the badge-engineered version of Maruti Suzuki’s upcoming EV which is based on the Wagon-R platform.
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Toyota is also considering its flagship Mirai EV under its ECO product range. The Mirai will be launched in India as a technological niche and will be brought down here in the CBU. However, a unit of the EV has been imported in the country for the evaluation process. Once launched, the Mirai will be the most advanced EV from the manufacturer.