Suzuki confirms launch of five all-electric models by 2030 in Europe, and its goal to be carbon neutral by 2050
Suzuki finally surrenders to electrification and announces global plans for different regions. Specifically, for Europe, Suzuki has announced that it will launch five all-electric models by 2030, with a target to be carbon neutral by 2050.
In Japan, Suzuki sets the same carbon neutrality target as for Europe, which sets 2050 as the target date. For India, on the other hand, it has announced that it expects to reach the same target twenty years later, in 2070. The brand says: “We will continue to strive to achieve our carbon neutrality targets for each region, based on our mindset to expand customer choice and offer products and services that meet the needs of each region”.
Cars
Continuing with Europe, on the car front, Suzuki has announced that it intends to launch five all-electric models by 2030. The brand has also reported that these will be SUV and B-segment vehicles. Suzuki says: “We will respond flexibly to environmental regulations and customer needs in each European country.
Based on the silhouettes of the vehicles that Suzuki plans to launch in Europe, everything seems to point to electric versions of the already well-known models: Wagon R, Jimmy, Baleno, Fronx and a new vehicle, probably of the SUV type, which would resemble the recently presented Suzuki eVX concept, which would most probably be called Vitara.
What is certain is that Europe will be left with one less electric model in line with the Japanese and Indian markets, where the brand intends to launch six models by 2030. In Japan they will go for mini and compact SUVs combining 100% electric and hybrid vehicles, while for India they will combine battery electric vehicles with internal combustion vehicles powered by mixed fuels of CNG, biogas and ethanol.
Suzuki has also confirmed that they will officially introduce their eVX electric SUV in 2024, targeting the Indian market. In percentages, for the Japanese, Indian and European markets, Suzuki will offer a battery electric offering of 80% in Europe, 20% in Japan and 15% in India.
Motorbikes
On motorbikes, Suzuki has said it will launch an all-electric city bike in 2024, with plans to launch eight models by 2030, achieving a battery-electric ratio of 25%. They also say that for larger motorbikes, they are investigating the use of carbon-neutral fuels. In the two-wheeler segment, Suzuki is part of ‘Gachaco’, along with Honda, Yamaha and Kawasaki.
Boats
On the watercraft side, Suzuki has reported that it will launch electric boats in 2024, for small outboard engines. The aim is to launch five models by 2030, with an EV ratio of 5%. As with large motorbikes, Suzuki has reported that for large outboard engines used at sea, they are studying the use of carbon-neutral fuels.
Other solutions
Suzuki has also said it is working on a new mode of transport for people who no longer have a driving licence. Dubbed KUPO and Mobile Mover, the former is described as “an evolution of senior vehicles”, while the latter is a multi-purpose robotic rolling platform being developed in collaboration with M2 Labo.
Partners
The brand says it will deepen its cooperative relationship with Toyota, cooperating on the development of advanced technologies including autonomous vehicles and electrified car batteries, business expansion in promising emerging countries and carbon neutrality efforts in India, among others.
Investment
They will invest ¥2 trillion in R&D expenditures and ¥2.5 trillion in capital expenditures, a total of ¥4.5 trillion by FY2030. Of the 4.5 trillion yen, 2 trillion yen will be electrification-related investments, of which 500 billion yen will be battery-related investments.
Also, 2 trillion yen is planned to be invested in carbon neutrality (electrification and biogas) and autonomy, plus 2.5 trillion yen for capital expenditure on facilities, including the construction of BEV battery plants and renewable energy facilities.
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