The Maruti-Toyota midsize SUV is said to have been built from the ground up at a budget of over Rs 1,000 crore. Maruti Suzuki (MSIL) and Toyota (TKM) are reportedly working on a new midsize SUV to compete with the Hyundai Creta, Kia Seltos, Volkswagen Taigun, and Skoda Kushaq. Because it is a segment standard, if it is a direct competitor, it might have an overall length of roughly 4.3 metres.
The future SUV will aid in the consolidation of the firms’ cooperation, which might be broadened to include new disciplines such as battery-powered vehicles, hybrids, and environmentally friendly mobility solutions. The five-seater SUV has been in development for more than a year, according to the reports. And is expected to be released in the second half of 2022.
Both Japanese firms are claimed to have contributed significantly to the vehicle’s design, development, engineering, and acquisition of other resources. MSIL’s research and development and component sourcing departments were also instrumental in the development of the midsize SUV.
Following the national government’s announcement of a product-based incentive program worth Rs. 26,000 crore targeted at bringing in new electric and hydrogen fuel cell vehicles, Maruti Suzuki and Toyota will extend their partnership. Rather than building robust hybrids, they are now concentrating on all-electric and FCEV vehicles.
According to reports, the conversations are still in the early stages and nothing has been finalized. The midsize SUV, which is said to have been constructed from the ground up, has received an Rs. 1,000 crore investment. This collaboration’s “ambitious endeavour” could be the first all-new automobile.
It will also be the first Maruti Suzuki vehicle to leave Toyota’s manufacturing plant in India. The rumours about a Maruti-Toyota joint midsize SUV have been circulating for a long time. And unlike the rebadged Glanza and Urban Cruiser, the midsize SUV may be designed based on MSIL and TKM’s distinct preferences while sharing underpinnings to keep manufacturing costs down.
Maruti has been working on the next-gen Celerio and has been spotted several times testing. The launch was reportedly postponed several times due to lockdowns and semiconductor shortages. But Maruti has hinted that the mini hatch will be launched on the 10th of November.