JANUARY 20258SUZUKI MOTORS PLANNING TO MAKE INDIA THE PRODUCTION HUB FOR EVSINVESTORS BANK ON ALGAE BIOFUELS AS THE REPLACEMENT FOR FOSSIL FUELSAs the world pivots toward a low-carbon economy, algae biofuel is gaining traction as a key player in the renewable energy revolution. Once considered an experimental technology, it has now become a high-potential investment opportunity. With the market projected to grow from $8.55 billion in 2024 to $9.37 billion in 2025 at a compound annual growth rate (CAGR) of 9.5 percent and further reaching $13.4 billion by 2029, TOP STORIESthis emerging sector is drawing significant attention from corporations and investors alike. Why Investors and Corporations Are Paying Attention Algae biofuel aligns perfectly with rising corporate commitments to sustainability and net-zero targets. It represents a scalable, versatile, and environmentally friendly energy source that supports both regulatory compliance and reputational goals. Key drivers behind this market's growth include: Corporate Sustainability Commitments: Leading companies are incorporating algae biofuel into their renewable energy portfolios, solidifying their positions as industry leaders in sustainability. The Path ForwardThe algae biofuel market represents a rare confluence of environmental impact and financial opportunity. As sustainability becomes a non-negotiable element of corporate operations and investor portfolios, algae biofuel offers a compelling case for early movers. For corporations and investors, the message is clear, that the time to bet on algae biofuel is now. Those who act decisively stand to gain not only significant financial returns but also a critical edge in the global push for sustainability. Suzuki Motor Corporation (SMC) plans to turn India into a global production hub for electric vehicles, including for small EVs, by leveraging its robust manufacturing base in the country.Toshihiro Suzuki, representative director and president of Suzuki Motor said Thursday that the company expects demand for electric cars to continue growing in India, bucking sluggish global trends. Suzuki will introduce multiple products including compact affordable cars to bolster its presence in the segment.Suzuki, who is visiting New Delhi to attend the second edition of the Bharat Mobility Show, said while competition has intensified in India which has grown to become the world's third-largest automobile market over the last few years, subsidiary Maruti Suzuki has lined up several products in the fast-growing SUV segment to regain passenger vehicle market share. Maruti Suzuki is aiming to reclaim its market share of 50 percent by 2030.The company will also continue to cater to customers in the small car segment, where it expects demand to pick up as two-wheeler owners start upgrading to four-wheeled vehicles.Suzuki said two EVs, e-Vitara and e-Access, the company has scheduled for launch in India are "global models".
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