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Suzuki JV AEPPL plans to invest USD520 million in second phase of EV battery plant in India

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Amount will be invested over a period of five years between 2021 and 2025

Automotive Electronics Power Pvt. Ltd (AEPPL), a joint venture (JV) between Japanese Toshiba Corporation, Denso Corporation and Suzuki Motor Corporation, is planning to invest INR37.15 billion in the second phase of its under-construction battery plant in Gujarat, India, Live Mint reported on 1January.

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