Toyota and Suzuki are to collaborate in vehicle production and the popularization of electrified vehicles. The two car-makers have been considering the details of a collaboration since concluding a memorandum of understanding in 2017.
As part of this partnership, Suzuki will supply two compact vehicles built on Suzuki platforms (Ciaz and Ertiga) to Toyota in India.
Toyota President Akio Toyoda says: “When it comes to vehicle electrification, which is expected to make further inroads, hybrid technologies are seen as playing a huge role in many markets, as from before. Widespread acceptance is necessary for electrified vehicles to be able to contribute to Earth’s environment. Through our new agreement, we look forward to the wider use of hybrid technologies, not only in India and Europe, but around the world.”
Suzuki Chairman Osamu Suzuki says: “At the time we announced our scope of cooperation in May last year, I spoke that we will strive for success globally. I have seen progress in the partnership since then, and it is my pleasure to be able to make this announcement today regarding the status of partnership on a global basis, including Europe and Africa.”