GLOBAL SUZUKI

suzuki in your country

Japan

Change Location

close

suzuki in your countrysuzuki in your countryclose

Japan

Change Location

GLOBAL NEWS

PDF

20 October 2023

Suzuki Invests in Inmotive through
Corporate Venture Capital Fund, Suzuki Global Ventures

Suzuki Motor Corporation (hereinafter “Suzuki”) has invested in Inmotive Inc. (Headquarters: Ontario, Canada; CEO: Paul Bottero; hereinafter “Inmotive”) through Suzuki’s corporate venture capital fund, Suzuki Global Ventures (hereinafter “SGV”).

Inmotive develops a lightweight, compact, and efficient 2-speed EV transmission. Suzuki and Inmotive agreed for joint development of 2-speed EV transmission in December 2022, and have since been working together for its development.

The two companies believe that the joint development has the possibility of extending electric vehicle range through efficient use of motor torque while also lowering costs due to using a smaller electric powertrain unit and improving driving performance in various driving scenes. With this investment, we will accelerate the development.

Toshihiro Suzuki, President, said “This investment further enhances our close working relationship with Inmotive, and we will take great strides toward a successful deployment of the 2-speed transmission on Suzuki vehicles. Through SGV, we will continue to make investments that address key issues globally.”

Outline of Inmotive

Company name Inmotive Inc.
Headquarters Toronto, Ontario, Canada
Representative (CEO) Paul Bottero
Established 2010
Business outline Development of 2-speed EV transmission “Ingear”
URL https://www.inmotive.com/

GLOBAL NEWS TOP