
Maruti Suzuki India said it will continue to work on all kinds of technologies in order to reduce its carbon footprint. The auto major will also focus on local manufacturing to achieve its goals, it said in a stock exchange filing on Monday.
The company stated that multiple technologies would be required for decarbonisation of the Indian auto sector. The total carbon reduction of the fleet will depend upon not just the carbon reduction of each technology, but also on the volume of vehicles each technology can generate, it noted.
“Maruti Suzuki will continue to work on all technologies for continuous carbon reduction in a manner that will be good for the environment, for the customer, and for Make-in-India,” the company said in a presentation made during an investor meeting.
Each technology will have its own carbon reduction potential, cost implication, need for infrastructure, localization potential and customer pull across different vehicle segments, the automaker said.
It noted that Maruti Suzuki has the least amount of fleet carbon emission among all car manufacturers in India.
A second manufacturing facility for Li-ion batteries is being set up with an additional investment of Rs 7,300 crore by Suzuki Motor Gujarat (SMG), a 100 per cent subsidiary of the Japan-based Suzuki Motor Corporation, it added.
Support Lumiserver & Cynesys on Tipeee
Visit
our sponsors
Wise (formerly TransferWise) is the cheaper, easier way to send money abroad. It helps people move money quickly and easily between bank accounts in different countries. Convert 60+ currencies with ridiculously low fees - on average 7x cheaper than a bank. No hidden fees, no markup on the exchange rate, ever.
Now you can get a free first transfer up to 500£ with your ESNcard. You can access this offer here.
Source link