Toyota released a statement on Wednesday, confirming some of the details about this agreement. It says that both Suzuki and Daihatsu will own a 10 per cent stake in the joint venture, along with other stakeholders like Isuzu Motors. Toyota will keep the majority 60 per cent stake to itself.

Japanese carmaker Suzuki Motor Corp is likely to enter the electric vehicle market in India by 2025, the company has entered a joint venture with Toyota Motor to produce EVs. Suzuki, along with Daihatsu, will join the commercial electric vehicle coalition led by Toyota to help the alliance expand its focus from trucks to smaller cars.

Akio Toyoda, President of Toyota Motor, said, "With Suzuki and Daihatsu joining the project and working together, we'll be able to expand our circle of cooperation to not only cover commercial vehicles but also mini vehicles. With this expansion, I believe that we'll be able to take one step closer to a better mobility society."

As part of the collaboration, Suzuki and Toyota will work towards small cars with advanced safety technologies and cooperate in the use of technologies for the electrification of affordable, high-quality small cars.

Suzuki, along with Daihatsu, will offer their expertise in small cars as one of the key challenges of bringing electrification and autonomous technology to such vehicles is keeping costs under control to make them affordable.

The agreement comes at a time when Japanese carmakers are facing tough challenges from rivals, even tech companies, who are venturing into the electric vehicle market.

Suzuki Motor will launch its first electric vehicle in India within the next four years. Suzuki's four-wheeler business, which operates in India in partnership with Maruti, is reportedly planning to launch an all-electric compact model for Indian customers. The electric car is likely to be priced in the range between INR 10 lakh -12 lakh.

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Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic batteries. This decision comes just over a year since the two companies announced on January 22, 2019, that they had concluded a business integration contract and a joint-venture contract toward the establishment of a new company. Toyota and Panasonic have also decided on the outline of the joint venture.

Batteries―as solutions for providing energy for automobiles and various other forms of mobility, and as solutions for various kinds of environmental issues are expected to fulfill a central role in society going forward a role that supports people's lives.

The joint venture announced by Toyota and Panasonic will develop highly competitive, cost-effective batteries that are safe and feature excellent quality and performance (in terms of capacity, output, durability, etc.), enabling use with peace of mind by all customers. Furthermore, the Toyota and Panasonic joint venture will supply batteries not only to Toyota but also, broadly and stably, to all customers.

The joint venture's name embraces Toyota's and Panasonic's strong determination to provide their customers while working in unison with many friends to keep our irreplaceable earth-abundant and clean―broad-ranging, added-value solutions including and beyond the supply of energy in the form of batteries.

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Are you curious about the future BS6 scooters in Nepal? Then we've got you covered. Here's a list of all the future BS6 scooters in Nepal that are expected to be released after the current limits on the spread of the Covid-19 epidemic are lifted.

Honda Dio BS6:

The BS6 Dio offers a new design and a slew of additional functions. The new Dio is powered by a 110cc BS6 engine that develops 7.68 horsepower at 8,000rpm and 8.79 Nm at 5,250rpm. Honda's Enhanced Smart Power (eSP) system powers the fuel-injected engine with Honda Eco Technology (HET), which is said to optimize energy output by maximizing efficient combustion and reducing friction.

It also includes a revolutionary silent start ACG starter that relies on the AC generator rather than a traditional starter motor.

A new signature LED position lighting, a modern tail lamp design, split grip rails, a sharper logo, and new body graphics have been added to the scooter. A new full-digital speedometer is also available, with a long number of data and three new real-time informatics such as range, average fuel efficiency, and real-time fuel efficiency. Other information displayed on the instrument console includes the total journey, clock, and service due indicator.

The price of the Honda Dio in Nepal is Rs 219,900 (DLX) and Rs 209,900 (STD).

Honda Grazia BS6:

The new BS6 Grazia has a more aggressive stance.

The headlight unit has been slimmed down and replaced with an LED unit. The new Grazia, like the Dio, features LED DRLs higher up on the front apron. The cowl on the handlebar has also been somewhat modified, with sharper lines and edges. The side panels of the scooter have been sharpened, and the tail portion and brake-light assembly have been changed as well.

A new twin-pod digital instrument cluster is also available for the BS6 Grazia. The unit will also provide range, real-time efficiency, and average efficiency in addition to speed and rpm. The Grazia is driven by a 124cc BS6 engine that produces 8.14 horsepower and 10.3 Nm of torque. It has front and rear drum brakes, as well as a dual-wheel braking system. The new Grazia scooter weighs 108 kg and features a 5.3-liter fuel tank.

The price of Honda Grazia in Nepal is 

HONDA-Grazia DRS	Grazia DRS	227,900.00
HONDA-Grazia DSS	Grazia DSS	254,900.00
HONDA-Grazia DRS (BSVI)	Grazia DRS (BSVI)	275,900.00
HONDA-Grazia DSS (BSVI)	Grazia DSS (BSVI)	292,900.00

Suzuki Access 125 BS6:

The Suzuki Access 125 BS6 comes in two versions: normal and Special Edition, including an LED headlamp and external fuel filler as standard. Alloy Drum Brake, Alloy Disc Brake, and Steel Drum Brake are available on the Suzuki Access 125 BS-6 compliant standard type. With a longer seat, a wider floorboard, and more under-seat storage, Suzuki claims the new Access 125 is more comfortable.

A BS6-compliant 124cc single-cylinder, air-cooled, fuel-injection engine produces 8.6 horsepower at 6750 rpm and 10 Nm at 5500 rpm. Suzuki Eco Performance Technology and Integrated Engine Start and Kill Switch with Suzuki Easy Start System are also included on the scooters. The Access 125 competes against the BS6 Honda Activa 125, for example. Yamaha Fascino 125 Fi and Hero Maestro Edge 125 Fi.

The price of Suzuki Access in Nepal is Rs 265,900.

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