Local and global auto makers with presence in the India market have started responding – slowly, but surely – to the Narendra Modi-led central government’s clear intent of promoting electric vehicles.
Earlier, Maruti’s parent, Suzuki, had announced in April a plan to set up a Rs 1,151-crore lithium ion battery manufacturing unit in Gujarat, along with Toshiba and Denso. These batteries are used in electric vehicles. Now, Honda is also reportedly considering a lithium ion battery unit in the country. Suzuki and Toyota last month said the two global auto majors would work together to introduce electric cars in
Earlier, Maruti’s parent, Suzuki, had announced in April a plan to set up a Rs 1,151-crore lithium ion battery manufacturing unit in Gujarat, along with Toshiba and Denso. These batteries are used in electric vehicles. Now, Honda is also reportedly considering a lithium ion battery unit in the country. Suzuki and Toyota last month said the two global auto majors would work together to introduce electric cars in