Toyota (GB) plc

10/30/2024 | Press release | Distributed by Public on 10/29/2024 23:19

Suzuki and Toyota to deepen collaboration in the field of electrified vehicles

  • Toyota to be supplied with a battery electric vehicle developed by Suzuki

Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have decided to further strengthen their collaboration in the supply to Toyota of a battery electric vehicle (BEV) SUV model developed by Suzuki. This new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring 2025.

Both Suzuki and Toyota's businesses have their roots in Enshu - the western part of Shizuoka Prefecture in Japan - and both companies took on the challenge of switching their businesses from weaving looms to automobiles. Since Suzuki's Chairman (current Senior Advisor) Osamu Suzuki and Toyota's President (current Chairman) Akio Toyoda started exploring business partnerships in 2016, both companies have engaged in a wide-ranging collaboration, aiming to provide people with freedom of movement and fun-to-drive experiences. The fields of this collaboration are diverse and include the production and mutual supply of vehicles and the spread of electrified vehicles. As a result, the market launch of vehicles produced in collaboration has expanded to Japan, India, Europe, Africa, and the Middle East.

This new development marks the first BEV to be featured in the OEM relationship between the two companies. It will be launched worldwide, providing a BEV choice in the SUV market, which is showing remarkable growth. With this new addition, Suzuki and Toyota will further promote their respective initiatives toward realising a carbon-neutral society.

The new model was designed exclusively as a BEV. A nimble SUV with the sharp driving characteristics of a BEV, it offers ample cruising range and a comfortable cabin. It is also available with an all-wheel drive system, offering exceptional drivability on rough roads and more powerful driving performance.

The BEV unit and platform adopted for this model were jointly developed by Suzuki, Toyota, and Daihatsu Motor Corporation, drawing on the strengths of each company.

Comment from Suzuki President Toshihiro Suzuki: "Suzuki will supply our first BEV to Toyota globally. I am grateful that the collaboration between the two companies has further deepened in this way. While continuing to be competitors, we will deepen our collaborations towards solving social issues, including the realisation of a carbon-neutral society through a multi-pathway approach."

Comment from Toyota President Koji Sato: "By leveraging the BEV unit and platform that we jointly developed, we will take a new step in our collaboration in the field of electrified vehicles. This will allow us to deliver various choices that contribute to a carbon-neutral society to customers worldwide. We would like to learn from each other's strengths, compete, and further joint efforts based on a multi-pathway approach."

ENDS