The car market has a lot of, at first glance, non-obvious connections between companies that produce similar cars with different names.
As an example, you can consider VW, Audi, Skoda, and Seat. In a very similar way, Toyota has a stake in the manufacturers Subaru and Suzuki, and the cooperation in the production of cars between these brands is quite long.
Now that Toyota owns about 5 percent of Suzuki, the smaller company has the ability to take full advantage of its co-owner’s research and development. The Suzuki company announced that it plans to invest $1 billion in electric cars, after which it will present an electric car based on the Toyota platform, as Subaru did earlier. The entire amount of investment is planned to be spent on a new plant in India, which is Suzuki’s largest market. It is likely that the debut of Suzuki’s first electric car will take place in India.
Most likely, we are talking about an affordable electric car, which will be smaller than the current Toyota bZ4X and Subaru Soltera. The Toyota bZ3X is likely to be the basis for Suzuki’s first electric car. We will remind you that the Suzuki company hinted at the preparation of an electric car for a long time. Yes, the Futuro-E concept car was first shown to the public back in 2020, and now Toyota has shown the bZ3X, which closely resembles the aforementioned concept car. This adds even more confidence to the insider data on Suzuki’s first electric car.
It will be recalled that Suzuki has been cooperating with Toyota for decades, and this joint production is bearing fruit. Toyota can use Suzuki to produce a more compact electric car and sell it in a market where Suzuki has a significant advantage.
It should be noted that with all this, Suzuki, like Toyota, does not plan to deviate from its usual range, which consists of a wide range of hybrid cars. It would be very good if Suzuki, entering the Indian electric car market, presented an electric version of the Maruti Jimmy (Maruti is owned by Suzuki Motor Corporation).