Suzuki to halve vehicle development time by 2030

Suzuki aims to cut vehicle development time in half by 2030 while expanding India's production capacity to 4 million vehicles.

7 cards · 1m 20s · tap to begin

From · · · 1m 20s

Suzuki to halve vehicle development time by 2030

Suzuki aims to cut vehicle development time in half by 2030 while expanding India's production capacity to 4 million vehicles.

In brief

Suzuki aims to cut vehicle development time in half by 2030 while expanding India's production capacity to 4 million vehicles. Suzuki plans to halve new vehicle development time by 2030 and increase India's annual production capacity to 4 million vehicles. Originally reported by The Economic Times.

Suzuki targets halving vehicle development time

Suzuki Motor Corporation plans to cut new vehicle development time in half by 2030 to bring models to market faster.

“As a challenge to become a company that can keep pace with the speed of change, while halving the new model development period, we will improve development efficiency by 30%, and increase production efficiency by 50%”

Suzuki aims for 30% development and 50% production efficiency

Suzuki will improve development efficiency by 30% compared with FY20 levels and boost factory productivity by 50% above Manesar plant standards.

Suzuki retains multi-powertrain strategy

Suzuki will continue developing battery electric vehicles, hybrids, and internal-combustion-engine vehicles alongside other powertrain options.

India production capacity target of 4 million vehicles

Suzuki targets commissioning 4 million vehicles annually in India by FY30, up from 2.9 million units currently.

Suzuki adopts concurrent development process

Suzuki will work on planning, design, production engineering, quality, and procurement concurrently from early vehicle program stages.

Suzuki focuses on regional mobility solutions

Suzuki will adapt vehicles to regional infrastructure needs, including electricity generation, renewable energy, and charging infrastructure.

“Rather than rolling out the same system uniformly, we need to provide mobility suited to the realities of each region and its infrastructure”

Suzuki targets 4 million vehicles in India by FY30

Suzuki aims to increase India's annual production capacity to 4 million vehicles by FY30, up from 2.9 million units.

What it means

Suzuki plans to halve new vehicle development time by 2030 and increase India's annual production capacity to 4 million vehicles.

Read the original on The Economic Times

React

Sign in to react and comment.

Comments (0)

Life is short. Keep it sweet. Respect others' opinions and be kind!

    Recommended next

    More decks on suzuki and related topics.