Suzuki to invest nearly $35 bn in EVs till 2030

Japanese carmaker Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) till 2030 in research, development and making electric vehicles (EVs). Of this, Suzuki will invest 2 trillion yen for electrification and autonomous driving technologies, while spending 2.5 trillion yen on building an EV plant along with renewable energy facilities. Suzuki will introduce its first battery EVs in 2023.

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