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Toyota assembles electric vehicles in India, exports to Southeast Asia, possibly Vietnam

Toyota assembles electric vehicles in India, exports to Southeast Asia, possibly Vietnam - Photo 1.

Toyota bZ4X – Photo: Toyota

The above information was confirmed by Mr. Vikram Gulati – executive vice president of Toyota Kirloskar Motor (the unit that assembles and sells Toyota vehicles in India) – confirmed with Mr. Reuters. It will start by manufacturing electric powertrains used in both pure electric and hybrid models for Toyota before completing a full electric vehicle assembly line.

However, the list of ASEAN countries that will be allowed to import cars from India is temporarily kept secret.

Toyota assembles electric vehicles in India, exports to Southeast Asia, possibly Vietnam - Photo 2.

Toyota bZ4X interior – Photo: Toyota

India in recent years has been trying very hard to invite international car manufacturers to set up electric vehicle factories here, in no small part to promote the country’s auto industry as well as domestic consumers to switch to cars. electricity.

Not long ago, they discussed with Tesla about the possibility of placing a new Gigafactory here, but in the end, the two sides failed to reach an agreement.

To successfully build an electric vehicle manufacturing complex in India, Toyota will invest about $615 million in the country. Further, Toyota has accepted to spend an investment of $ 70 billion to serve its electrification process globally, which will soon transform into a lineup of 30 new electric vehicles (for both Toyota and Lexus) launched before the year. 2030.

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