began recycling ELV in the 1970s in Japan. We believe that we can contribute to Indian society through our knowledge and experience in the work of ELV
. Noji Saito, executive director of Toyota Tsusho Metal Division, said the first MSTI vehicle dismantling and recycling unit is just a first step and we are keen to expand to a pan-India base with Maruti Suzuki.
Toyota and Suzuki first announced their partnership in 2017 to develop affordable electric and hybrid cars for the Indian market. They decided to establish a lithium-ion battery manufacturing plant in Gujarat in collaboration with Toshiba Corp.
, for hybrid and electric vehicles. Subsequently, companies expanded their cooperation to identify cross-road vehicles, powertrain supplies, joint vehicle development and exports.
In August this year, companies deepened their relations by buying small shares with each other. In addition to manufacturing electric and hybrid models, Suzuki and Toyota now plan to jointly develop independent driving technology.
The two are also expected to venture into space for affordable electric cars in India in the coming years.
"We will be introducing an electric car with a built-in battery, but I can't reveal anything else at this time," said Shigeki Terashi, executive vice president and board member of Toyota before the Tokyo Motor Show.
Thumbnail image source: Overdrive