Suzuki to supply EVs to Toyota, Maruti eVX-based Toyota SUV on cards

Suzuki forged an alliance with Toyota internationally in 2016 under which both Japanese auto giants will share certain models with each other. This includes jointly developed products as well as re-engineered models developed by Suzuki and vice versa. This partnership will mutually help both car manufacturers to raise their production, especially in developing countries like India.

Some common products under this partnership include Suzuki Baleno/Toyota Glanza, Toyota Innova Hycross/Suzuki Invicto, and Suzuki Grand Vitara/Toyota Urban Cruiser HyRyder to name a few. This alliance will now grow beyond ICE models, involving future electric vehicles from both brands.

Maruti eVX-based Toyota EV on cards

Suzuki and Toyota have jointly released a statement announcing their first collaboration in the battery-powered electric vehicle (BEV) segment. Although the name or specific details of this EV have not been revealed yet, the release states that it will be an SUV. The document further states that this SUV will be manufactured at Suzuki Motor Group (SMG) facility in Hansalpur, Gujarat.

Maruti Suzuki EVX

This mostly clears the air surrounding the development of a Suzuki eVX-based SUV donning the Toyota logo. Production for this SUV is confirmed to commence from the spring of 2025. Both versions of the SUV are almost confirmed to launch in India. At the same time, both models will be exported to foreign markets such as Japan, Middle East, and Europe. In India, the launch of Maruti Suzuki eVX is expected to precede its Toyota version.

Also ReadMaruti Suzuki eVX debut confirmed for Jan 2025, first launch in Europe

What is yet to be confirmed is whether Toyota’s iteration of the upcoming electric SUV will be a plain rebadged model with the same design barring minor cosmetic changes and a different logo or will it carry a completely different top hat with Toyota’s own design philosophy in place. Most likely, it will be the former case. Nevertheless, both versions of the electric SUV will have the exact same underpinnings.

Maruti Suzuki eVX (Image: Autocar India)

Maruti Suzuki eVX expected details

Test mules of the Suzuki eVX have been spied on numerous occasions over the past few months. The eVX will be based on the brand’s new skateboard platform which should result in a spacious cabin. According to the company,

 » Read More

Related Articles

Global Markets: Shares rise on relief rally, Gold at record high as tariff risks lurk

Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate

How billionaires invest and save taxes

When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what

Upcoming LG Electronics India’s Rs 15,000 crore IPO: What’s the catch? 5 key facts investors must know

After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Global Markets: Shares rise on relief rally, Gold at record high as tariff risks lurk

Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate

How billionaires invest and save taxes

When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what

Upcoming LG Electronics India’s Rs 15,000 crore IPO: What’s the catch? 5 key facts investors must know

After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics

Stock market holiday today: BSE, NSE shut for Holi observance

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on March 14 in observance of Holi. Trading in equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day. The commodity derivatives segment will also be shut during the morning session from 9:00 am to 5:00

Metal stocks in focus: Top 4 stocks up as much as 10% in 2025

US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow