Business Standard

Suzuki to enter EV market by 2025, starting with India, says report

The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account,

Govt depts in race to take credit for EVs

Reuters TOKYO

TOKYO (Reuters) - Suzuki Motor Corp will enter the electric vehicle market by 2025 starting in India, Nikkei reported on Monday.

The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account, the Nikkei said.

($1 = 110.0800 yen)

 

(Reporting by Eimi Yamamitsu; editing by Jason Neely)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 19 2021 | 3:45 PM IST

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