Maruti‘s Japanese partner Suzuki Motor Corp will set up a plant for lithium-ion batteries at Hansalpur in Gujarat while also starting work on a third car-making plant at the manufacturing location in the state.
The lithium-ion plant is being set up in partnership with Densoand Toshiba and will start production by 2020, Suzuki Chairman Osamu Suzuki said in Gujarat at a business meet in the presence of prime minister Narendra Modi and Japanese prime minister Shinzo Abe
The lithium-ion plant will see the partners invest $180 million (Rs 1,151 crore). While Toshiba will make the cell module, it will be built on Denso’s technology. Suzuki will use these on its cars.