Suzuki, Japan to invest INR 104 billion for EV and battery manufacturing in India

On March 19, Suzuki Motor Corporation (SMC) signed an MOU with the state of Gujarat, India to invest approximately INR 104.4 billion (JPY 150 billion) in local manufacturing of electric vehicles (BEV) and BEV batteries. As per the MOU outline, Suzuki Motor Gujarat Private Limited (SMG) will invest INR 31 billion towa....

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