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Suzuki Accelerates Car Development to Match China's Speed
M
Moneycontrol•25-09-2026, 10:36
Suzuki Accelerates Car Development to Match China's Speed
- •Suzuki Motor Corp. aims to halve vehicle development times to 24 months by the end of the decade, down from the current 40-48 months.
- •CEO Toshihiro Suzuki stated the need to move faster to keep up with the "incredible speed" of Chinese manufacturers.
- •Chinese automakers like BYD, Leapmotor, and Xiaomi are setting new industry benchmarks with rapid development cycles, software-first design, and advanced battery technology.
- •Suzuki, which exited the US and Chinese markets, is focusing on India as its primary growth engine.
- •The company plans to expand its production capacity in India to 4 million units by 2030, anticipating the Indian car market to double or triple in size.
Key Questions Answered
Suzuki Motor Corp. aims to slash its vehicle development times down to 24 months by the end of this decade, a significant reduction from the current 40 to 48 months.
Chinese automakers such as BYD, Leapmotor, and Xiaomi are driving intense competition across the industry with their ultra-fast development cycles, software-first design, and advanced battery technology.
Suzuki plans to expand its production capacity in India to 4 million units by 2030, growing from less than 3 million units this year.
