Maruti Suzuki’s stock saw a 1.62% increase, trading at ₹11,224.60 as of 10:46 am, following reports that Suzuki will supply its BEV SUV model, manufactured in India, to Toyota. This development has sparked investor interest, reflecting confidence in Maruti’s strategic alignment with Toyota in the electric vehicle market.
Suzuki Motor Corporation and Toyota Motor Corporation have agreed to strengthen their partnership by supplying a battery electric vehicle (BEV) SUV developed by Suzuki to Toyota. Production of this new model will commence in spring 2025 at Suzuki Motor Gujarat in India. This marks an important step in their ongoing collaboration, which began in 2016 and has since extended to Japan, India, Europe, Africa, and the Middle East.
Designed exclusively as a BEV, the new SUV combines agile performance with advanced electric technology, offering a spacious interior, impressive cruising range, and an optional 4WD feature for versatile terrain handling. This launch underscores Suzuki and Toyota’s shared commitment to a carbon-neutral future and addresses the rising global demand for electric SUVs.
Maruti Suzuki Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Tue, Oct 29 2024
|
₹11,450.00
|
₹11,046.00
|
-3.81%
|
Mon, Oct 28 2024
|
₹11,504.80
|
₹11,483.25
|
-0.17%
|
Fri, Oct 25 2024
|
₹11,763.60
|
₹11,502.85
|
-2.22%
|
Thu, Oct 24 2024
|
₹11,998.95
|
₹11,763.70
|
-1.61%
|
Wed, Oct 23 2024
|
₹11,923.30
|
₹11,956.20
|
|
Tue, Oct 22 2024
|
₹12,215.95
|
₹11,923.30
|
-2.07%
|
Mon, Oct 21 2024
|
₹12,145.55
|
₹12,175.90
|
|
Fri, Oct 18 2024
|
₹12,070.00
|
₹12,105.10
|
-0.32%
|