Synopsis: Suzuki Motor Corporation's 10-year technology strategy focuses on minimizing energy consumption and achieving carbon neutrality. Key initiatives include leveraging lightweight vehicle technology, developing lean-battery EVs and hybrids, refining high-efficiency combustion engines, creating affordable software-defined vehicles, and embracing a circular economy approach. The company plans significant investments in electrification and sustainable practices to support these goals.
Key Areas of Focus:
1. Lightweight and Safety: Suzuki plans to leverage its expertise in compact, lightweight vehicles to reduce CO2 emissions throughout the production process and during use. The company will enhance its "HEARTECT" platform, a robust yet lightweight body structure, and explore new weight reduction technologies.
2. Lean-Battery EVs and Hybrids: Recognizing the global diversity in energy landscapes, Suzuki aims to develop electric vehicles (EVs) optimized for maximum energy efficiency. These EVs and hybrids will prioritize small, efficient electric units and lightweight batteries, tailored to regional energy availability and usage patterns.
3. High-Efficiency Combustion Engines and Carbon Neutral Fuels (CNF): Suzuki continues to refine its internal combustion engine technology, exemplified by the Z12E engine with a 40% thermal efficiency. The company will expand the reach of this high-efficiency engine and explore carbon-neutral fuels and next-generation hybrid systems.
4. Affordable Software-Defined Vehicles (SDVs): Suzuki envisions creating affordable SDVs that prioritize energy efficiency and value. The company plans to optimize software updates through both wired and over-the-air (OTA) approaches. By sharing hardware and reusing software, Suzuki aims to reduce costs and create SDVs that meet customer needs and budgets.
5. Circular Economy for Easy Recycling and Disassembly: Suzuki is embracing a circular economy approach, designing products for easy disassembly and recycling. This strategy aims to maximize resource utilization and minimize environmental impact.
The strategy also includes substantial investments. Suzuki plans to invest approximately 4.5 trillion yen (around $35 billion) by 2030, with about half dedicated to electrification, including battery development and production. This plan will support the introduction of new battery electric vehicle (BEV) models across Japan, India, and Europe, as well as advancements in autonomous driving and biogas technology.