Suzuki, Toshiba & Denso plan to make auto lithium-ion battery in India

Three Japanese firms - Suzuki Motor Corporation, Toshiba Corporation and Denso Corporation - have agreed to form a joint venture company for production of automotive lithium-ion battery packs in India. 

In India, higher attention is being paid to environment, and new CO2 standards for automobiles is planned to be introduced. In the Indian automotive market where compact cars are the mainstream models, introduction of sustainable technology suitable for such affordable cars is required. “The battery pack manufacturing joint venture by the three companies will realise stable supply of lithium-ion battery packs in India in the course of promoting sustainable cars in the country and will contribute to Make in India initiative by the Indian government,” stated the three companies in a press statement.