Suzuki, Toyota ink pact to make electric cars in India

Indian govt plans to shift to an all-electric vehicle fleet by 2030

Japanese automobile majors Toyota and Suzuki have decided to work together for the introduction of electric vehicles (EVs) in India by 2020. 

Suzuki — which enjoys a 50 per cent share of the domestic passenger vehicle (cars, vans and utility vehicles) market through subsidiary Maruti — has decided to produce EVs in response to a clear government mandate seeking a shift to green mobility. Interestingly, the EV segment in India, the fifth-largest car market, is the first area where the two companies have decided to work together after the global agreement in February. 

The two Japanese companies, which signed a deal early