{"id":550584,"date":"2023-01-28T11:25:41","date_gmt":"2023-01-28T05:55:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=550584"},"modified":"2023-01-28T13:21:24","modified_gmt":"2023-01-28T07:51:24","slug":"japans-suzuki-to-invest-35-billion-through-2030-in-evs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japans-suzuki-to-invest-35-billion-through-2030-in-evs\/","title":{"rendered":"Japan&#8217;s Suzuki to invest $35 billion through 2030 in EVs"},"content":{"rendered":"<p>Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday.<\/p>\n<p>The Japanese automaker known for making compact &#8220;kei&#8221; cars said it would invest 2 trillion yen in electrification and autonomous driving technologies, while allocating 2.5 trillion yen to build a battery EV plant and for renewable energy facilities.<\/p>\n<p>Of the money earmarked for electrification, 500 billion yen would be invested in batteries, it said. <\/p>\n<p> Suzuki&#8217;s announcement comes after other Japanese automakers have rolled out similar goals to catch up with European and U.S. rivals in the fast-growing battery EV market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suzuki Motor Corp will invest 4.5 trillion yen ($34.8 billion) through fiscal 2030 in research, development and capital spending to make battery electric vehicles (EVs), it said on Thursday. The Japanese automaker known for making compact &#8220;kei&#8221; cars said it would invest 2 trillion yen in electrification and autonomous driving technologies, while allocating 2.5 trillion yen to build a battery EV plant and for renewable energy facilities. Of the money earmarked for electrification, 500 billion yen would be invested in batteries, it said. Suzuki&#8217;s announcement comes after other Japanese automakers have rolled out similar goals to catch up with European [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-550584","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=550584"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/550584\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=550584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=550584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=550584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}