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Japanese automaker Toyota Motor Corp along with which company, had agreed to introduce Electric Vehicles (EVs) in India by around 2020? 
  • a)
    Suzuki Motor Corp
  • b)
    TVS Motor Corp
  • c)
    Royal Enfield
  • d)
    Ford
  • e)
    Benz
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Japanese automaker Toyota Motor Corp along with which company, had agr...
Answer – 1. Suzuki Motor Corp
Explanation

Japanese automakers Toyota Motor Corp. and Suzuki Motor Corp. said they had agreed to ally to introduce Electric Vehicles (EVs) in India by around 2020. As per the pact, Suzuki would produce EVs for the Indian market and would supply some to Toyota. Toyota would provide technical support. A MoU was signed in February 2017 between Toyota and Suzuki to explore a partnership. Suzuki had earlier said it would invest $180 million (about ₹1,150 crore), along with partners Toshiba and Denso, for a separate unit to manufacture lithium-ion batteries at its Gujarat plant.
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Japanese automaker Toyota Motor Corp along with which company, had agreed to introduce Electric Vehicles (EVs) in India by around 2020?a)Suzuki Motor Corpb)TVS Motor Corpc)Royal Enfieldd)Forde)BenzCorrect answer is option 'A'. Can you explain this answer?
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