To supply lithium-ion battery packs to cars destined for the Indian market, which is preparing to set new CO2 standards, Suzuki, Toshiba and Denso have reached a basic agreement in order to create a partnership dedicated to the construction of battery packs.
This collaboration, whose initial capital account will be 20 billion Japanese yen, will provide a stable supply of lithium-ion battery packs in India, contributing to the local government's "Make in India" initiative.
Subsequently, the joint venture is expected to have a capitalization of 2 billion Japanese yen with a participation share that will be redistributed to 50% for Suzuki, 40% for Toshiba, and 10% for Denso.
In the Indian automotive market, where compact cars are all the rage, the introduction of sustainable technology has become necessary, but it is important that this is commensurate with the more accessible models.
Through this joint venture, Suzuki will promote the diffusion of these vehicles in India.
The Hamamatsu company, however, is active on the issue of batteries also in reference to motorbikes, given that in Japan, thanks to The Swappable Battery Consortium for Electric Motorcycles, founded by Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd. , Suzuki Motor Corporation and Yamaha Motor Co., Ltd., established in April 2019, aims to increase the use of electric motorcycles.
A diffusion that will be favored by the agreement reached to standardize replaceable batteries and replacement systems;
the same agreement will have important implications on the sharing of batteries, as it will reduce energy supply times and, consequently, will improve the autonomy of electric two-wheelers.
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