Suzuki to enter electric vehicle market by 2025

    Suzuki to enter electric vehicle market by 2025
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    The Suzuki Motor Corp logo is displayed at the 45th Tokyo Motor Show in Tokyo, Japan. Photo: REUTERS / FILE

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    The Suzuki Motor Corp logo is displayed at the 45th Tokyo Motor Show in Tokyo, Japan. Photo: REUTERS / FILE

    Suzuki Motor Corp. will enter the electric vehicle (EV) market by 2025, starting with the purchase of its strongest in India, the Nikkei said on Monday.

    The automaker is planning an electric compact model that will be available for about 1.5 million yen ($ 13,626) after government subsidies are taken into account, Nikkei said.

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    “We say we will enter the EV and the powerful hybrid cars in India by 2025,” said a Suzuki spokesman, but added that the company has not announced any prices or whether it will launch the EVs in India first.

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