Toyota and Suzuki have reported the signing of a memorandum of understanding (MoU) on making a joint procedure for the introduction of electric vehicles in India by 2020.

The agreement stems from the two companies have concluded on February 6 this year a MOU on starting contemplations for the business association, after which they started discussing, among other topics, the dissemination of vehicle electrification technologies in India.

According to the terms of the joint venture, Suzuki will deliver the EVs to the Indian market while likewise supplying some to Toyota. Consequently, the latter will lend the technical support required for mass production. The procedure will be considerably more rigorous with both the companies set to conduct surveys targeted towards popularization and widespread adoption of EVs in India.

The two brands have planned to conduct a comprehensive study for the widespread acceptance and use of EVs in India. This incorporates concerns about the establishment of charging stations, human resources development that incorporates training for after-service technicians and systems for the appropriate treatment of burnt out batteries.

The Indian government has plans to quickly promote a transition from internal combustion engines to battery-powered ones. Suzuki has officially declared that it will build a lithium-ion battery plant in Gujarat. The organizations will likewise look to locally produce and source all the components required including the battery pack, electric motors, and other essential parts.

Suzuki has effectively declared that it intends to construct a lithium-ion battery plant on the grounds of its recently opened automobile plant in the Indian state of Gujarat. As envisioned by the agreement, notwithstanding lithium-ion batteries, electric motors and other major components would be locally procured for the production of EVs in India.

The two manufacturers will give equal attention to establish charging stations, human resource development, and provision of resources for multiple post-developmental procedures, which incorporates training of personnel for after-sales services, disposing of used up batteries and other factors relating to EVs.

Aside from the lithium-ion batteries, the manufacturer has stated that electric motors and different segments for the EVs would be procured from local suppliers to help fulfill the government's 'Make in India' initiative.