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Suzuki, Toshiba and Denso to form JV to produce automotive Li-ion battery packs in India

  • Green Car Congress faviconGreen Car Congress

    By mmillikinApr 14, 2017, 10:11 am291 pts
    Suzuki Motor Corporation, Toshiba Corporation, and Denso Corporation have reached basic agreement on establishing a joint venture company for production of automotive lithium-ion battery packs in India, and signed the agreement. The initial capital expenditure will be ¥20 billion (US$184 million). The joint…
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