Is Maruti's Skepticism of EV Adoption Hurting Shareholders?
businessbriefs.substack.com
Suzuki Motor Corporation has signed a memorandum of understanding with the State of Gujarat, and plans to invest Rs 10,400 crores in an electric vehicle (EV) and battery manufacturing plant in India. Of the Rs 10,400 crores, around Rs 3,100 crores would be spent on building the plant for electric vehicles, while the balance would be used to build batteries for electric vehicles. These investments would take place at Suzuki Motors Gujarat, where the company is already involved in contract manufacturing for Maruti Suzuki India Limited (MSIL).
Is Maruti's Skepticism of EV Adoption Hurting Shareholders?
Is Maruti's Skepticism of EV Adoption Hurting…
Is Maruti's Skepticism of EV Adoption Hurting Shareholders?
Suzuki Motor Corporation has signed a memorandum of understanding with the State of Gujarat, and plans to invest Rs 10,400 crores in an electric vehicle (EV) and battery manufacturing plant in India. Of the Rs 10,400 crores, around Rs 3,100 crores would be spent on building the plant for electric vehicles, while the balance would be used to build batteries for electric vehicles. These investments would take place at Suzuki Motors Gujarat, where the company is already involved in contract manufacturing for Maruti Suzuki India Limited (MSIL).