According to Autocarpro, Suzuki Motor Corporation has forged multiple strategic partnerships to secure a reliable and diversified supply of EV batteries, ensuring the stability of its growing electric mobility business. The company has joined forces with Tata Gotion, TDS Lithium-ion Battery Gujarat (TDSG), FinDreams Battery, and ELIIY Power, each contributing specialized battery solutions tailored for different vehicle segments. These collaborations will bolster Suzuki’s supply chain resilience, accelerate its transition to electrification, and enhance regional battery production.
Key Partnerships and Their Roles in Suzuki’s EV Strategy
- Tata Gotion: Supplies batteries for electric motorcycles, supporting Suzuki’s two-wheeler electrification efforts.
- TDSG (TDS Lithium-ion Battery Gujarat): Provides lithium-ion batteries for mild and strong hybrid vehicles, a key segment in Suzuki’s transition strategy.
- FinDreams Battery: The primary battery supplier for Suzuki’s battery electric vehicles (BEVs), ensuring stable production for the automaker’s fully electric models.
- ELIIY Power: Partnering with Suzuki to establish a battery R&D center in Kawasaki, focusing on domestically manufactured batteries and in-house production advancements.
Localization Strategy & Suzuki’s Vision for India
Suzuki is heavily investing in localizing battery production in India, positioning the country as a global EV production hub. The company’s investor presentation emphasized “energy minimization, lean battery design, and an efficient battery reuse system” as core elements of its sustainable technology strategy.
India is at the center of Suzuki’s global EV expansion, with plans to:
- Increase annual production capacity to 4 million vehicles.
- Export hybrid and electric vehicles from India to global markets.
- Localize battery supply to reduce costs and dependency on imports.
“India will be a global production hub for Suzuki electric vehicles…India will also be the export hub for hybrid vehicles.” – Toshihiro Suzuki, President, Suzuki Motor Corporation
Suzuki’s Growing BEV Portfolio & Future Expansion Plans
Suzuki is set to launch four BEV models by 2030, targeting an annual volume of 381,000 electric vehicles by the end of the decade. The company recently unveiled its first electric SUV, the e-Vitara, with initial exports to Europe before entering the Indian market. Additionally, Suzuki introduced the electric version of its Access scooter, strengthening its two-wheeler EV portfolio.
- Projected Powertrain Mix by 2030:
- 15% Battery Electric Vehicles (BEVs)
- 25% Hybrid & ICE Vehicles
- 35% Compressed Natural Gas (CNG) Vehicles
Suzuki’s localization efforts will support domestic demand, making India a key supplier of EV components to global markets. The company is expanding its manufacturing footprint with new plants in Kharkhoda and Gujarat, enhancing production capacity to meet growing demand.
Looking Ahead: Suzuki’s Roadmap for EV Leadership
Suzuki’s multi-partner battery procurement strategy and localized production initiatives place the company in a strong position for EV market expansion. With increasing investments in battery technology, in-house production, and sustainable energy solutions, Suzuki is laying the foundation for a robust and self-sufficient EV ecosystem. By 2030, Suzuki aims to become a key player in global EV production, leveraging India’s growing market potential and ensuring a sustainable transition to electric mobility.
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