Such activities encompass the establishment of charging stations, human resources development that includes training for after-service technicians employed throughout sales networks, and systems for the appropriate treatment of end-of-life batteries," it said.The announcement by the two companies comes at a time when the Indian government is pushing for electric vehicles, setting a target of an all electric fleet by 2030.The two companies said in a joint statement that they have concluded a memorandum of understanding (MOU) to take forward a co-operative structure under which Suzuki will produce EVs for the Indian market and will supply some of them to Toyota, which will provide technical support.

As per the agreement, ac motors Manufacturers in addition to lithium-ion batteries, electric motors and other major components would be locally procured for production of EVs in India.Besides, the statement said, they intend to conduct a comprehensive study of activities for widespread acceptance and popular use of EVs in India.In February this year, the two companies had announced exploration of a business partnership after which they began discussing, among other topics, the dissemination of vehicle electrification technologies in India. (Representational Image) New Delhi: Japanese auto majors Toyota Motor Corporation and Suzuki Motor Corporation said on Friday that they will co-operate on introducing electric vehicles (EVs) in India by 2020

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