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SuzukiMotorCorporation

TechnologyStrategyBriefing

July17,2024

RepresentativeDirector

andPresident,ToshihiroSuzuki

SuzukiMotorCorporation

1

NHK“Nightofthe

MakaizoSociety”

ParticipatedasTeam"S-zuki"

“S-zuki’s”machinewas

“Sho-Sho-Kei-Tan-Bi(Smaller,

Fewer,Lighter,Shorter,Beauty)”

Suzuki’sphilosophyofconduct

1/10

?SuzukiMotorCorporation》2024.Allrightsreserved.

Theotherday,weappearedonNHK’sprogram“NightoftheMakaizoSociety”andcompetedinane|ectricmassager25mdragraceandabirthdaycand|e-b|owingwitha||igatorwater-guns.

“NightoftheMakaizoSociety”isatechno|ogydeve|opment/entertainmentprograminwhichchi|dren’stoysandhouseho|dapp|iancesaretransformedintovicious

monstersforcompetitionswithinoneandaha|fmonth.

SuzukiIsmachine,deve|opedthroughheateddiscussionsbymemberswho

vo|unteeredregard|essofdepartmentorage,wasabeautifu|machinethatembodiedSuzuki’sphi|osophyofconductof"Sho-Sho-Kei-Tan-Bi(Sma||er,Fewer,Lighter,

Shorter,Beauty)."Whi|eotherteamsusedtwoorsixmassagedevices,SuzukiIs

machinewassimp|e,usingjustonemassagedevice,makingitsma||er,withfewerparts,|ighter,shorter,andinfusedwithtechno|ogywhereperformanceanddurabi|itywererequired.A|thoughthemachinedidnotfinishthesecondrun,itrushedtoits

teammatestosharethevictorywithTeamSuzuki.

|nthecand|e-b|owingcha||enge,were-recognizedtheimportanceofprincip|esandthedifficu|tyofrespondingtodisturbances.|twasaninspiringcha||engewhere

participatingteamsunitedbeyondcompanyboundaries.

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Suzuki’sPhilosophyofConduct

?SuzukiMotorCorporation》2024.Allrightsreserved.2/10

ThisdemonstratesSuzuki’sphilosophyofconduct.

Thephilosophyofconducttowardrealizingthemissionstatementare:

Genba,Genbutsu,Genjitusu(ActualPlace,ActualThing,ActualSituation)Sho-Sho-Kei-Tan-Bi(Smaller,Fewer,Lighter,Shorter,Beauty)

YARAMAIKA(EntrepreneurialSpirit)

Italsoplaysanimportantroleinachievingthetechnologystrategy.

3

+CO2

-CO2

MinimizationofEnergybySho-Sho-Kei-Tan-Bi

MinimizationofEnergy

by“Sho-Sho-Kei-Tan-Bi(Smaller,Fewer,Lighter,Shorter,Beauty)”

+CO2

'----.-CO

3/10

?SuzukiMotorCorporation》2024.Allrightsreserved.

Variousindustriesareadvancingtechnologicaldevelopmentanddiscussionstowardsachievingcarbonneutralityby2050.

Carbonneutralitymeansbalancingthetotalamountofgreenhousegasemissionstonetzero.

Inotherwords,itcanbeachievedbyabsorbingorremovingthesameamountofCO2thatisemitted.

ThelessCO2emitted,thelessneedstobeoffset.

BasedonthephilosophySho-Sho-Kei-Tan-Bi,SuzukiwillminimizetheenergyusedandreduceCO2emissionstotheutmostlimit.

Thisisourtechnologicalphilosophy.

Frommanufacturingtorecycling,weaimfor"technologythatminimizesresourceandenvironmentalrisks,"providingthejoyofmobilitytopeoplearoundtheworldwhile

strivingtoachieveacarbon-neutralworld.

4

Suzuki’sPhilosophyofConduct

(輕)

Etymology

Ifyoudecomposethekanjicharacterfor“l(fā)ight(輕)”itbecomes“車”and“巠”.“車”isakanjithatexpressesacarriagedrawnbyahorse.Now,thisletter

meansacar,butinthepastitmeantacarpulledbyahorse.Ontheotherhand,“巠”expresses“straight”asthewarpthreadisstretchedonthecrafttable.Fromthesebackgrounds,itbecametohaveameaningof“avehiclethatcanrunstraightandsmooth”,andthisissaidtohavecometomean

“l(fā)ight-weight”.h(f:.sankei-shokai.jp/kanji-to-nakayoku/20220327060000.html

?SuzukiMotorCorporation》2024.Allrightsreserved.4/10

Oneaspectof“Sho-Sho-Kei-Tan-Bi”,“l(fā)ightness”,hasaprofoundmeaning.

Thekanji"軽"(light)originatedfromthecombinationofthepictogramfor"car"andthepictogramfor"astraight,strongverticalthread"(meaning"straightandstrong"),symbolizinga"carchargingstraightintotheenemylines,"whichlatercametomean"light."

Inthefirstplace,thekanjicharacterfor“l(fā)ight”issaidtohavecomefromthekanjifor“avehiclethatcanrunstraightandsmooth”thatisabletoturnandmovequickly,

andthisissaidtohavecometomeanlight-weight.

Theterm“l(fā)ight”refersnotonlytoweightbutalsotobeingnimbleandagile,allowingboththemindandactionstobelightandeffortless.

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MinimizationofEnergybySho-Sho-Kei-Tan-Bi

Manufacturers

SuzukiAverage

1》261kg

892kg

941kg

1》133kg

1》525kg

1》204kg

ComparisonofpassengervehicleweightaverageforallmanufacturersandSuzuki(weightedaveragebysales)

<<

AverageofAll

200kgreductioninvehicleweightwillreduceenergyconsumptionby

?20%atmanufacturing?6%inuse

JapanEuropeIndia

:Averageofthemedianvehicleweightofallgasolinepassengervehicles(standard,small,andminivehicle)listedintheMinistryofLand,Infrastructure,TransportandTourism's"FuelEfficiencyList,March2024":CalculatedbasedontheapprovedvalueofCO2regulationsin2022

:CalculatedbasedontheFY2021figuresannouncedbytheGovernmentofIndiain2023

?SuzukiMotorCorporation》2024.Allrightsreserved.

5/10

WeatSuzukihavebeencreatingvehiclesthatarejusttherightsizefor

transportation,thatarelight-weightandfuelefficient,andthataresafe,andwithsufficientequipment.

Inotherwords,wehavebeencreatingsafeandsmallvehiclesthatrequireminimalenergy.

WecomparedtheaveragevehicleweightofallmanufacturersinJapan,IndiaandEurope,withtheaveragevehicleweightofSuzukivehicles.

Lookingatthese3regions,Suzukimakes200to300kilogramslightervehiclesthantheaverageweightofallmanufacturersineachregion.

Ifthevehicleweighs200kilogramsless,itrequiresfewermaterials,about20%lessenergyforproduction,and6%lessenergyfordriving.

Compactandlight-weightcarsgreatlycontributetotheminimizationofenergyconsumption.

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MinimizationofEnergybySho-Sho-Kei-Tan-Bi

*Thecurbweightistherepresentativeofgradeofeachmodel.

CurbweightofSuzulightandAlto

Weightreductionwhileimprovingsafetyperformance

?SuzukiMotorCorporation》2024.Allrightsreserved.

6/10

Suzukihasalonghistoryofmakingcarsthatarefriendlytocustomersandthe

environment,andourmissionisweightreductionandthischallengehasbeentakenover.

SincetheSuzulightandthefirst-generationAltowerelaunched,thecurbweighthasincreasedtomeettheneedsofthetimes.

Whenwedevelopedtheeighth-generationAlto,weworkedonacompany-wideprojectforweightreduction,andweachievedtomakeitlighterthanthefourth-generationAltowhileimprovingsafetyperformance.

Atthistechnologystrategy,wewillre-accelerateourweightreductioninitiatives,andaimforasignificantweightreductionsimilartothatofthird-generation.

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MinimizationofEnergybySho-Sho-Kei-Tan-Bi

Battery:few

Fuel:fewChargingenergy:few

Motor:small

Engine:small

Energytomovesomething:small

Bi

TheJoycf-kei-

Burdenofrecycling:smallMaterialstouse:few

Collisionenergy:smallManufacturingenergy:few

?SuzukiMotorCorporation》2024.Allrightsreserved.

7/10

Insummary,philosophyof“Sho-Sho-Kei-Tan-Bi”requireslessenergytomovesomething.

Thatmeans“Sho-Sho-Kei-Tan-Bi”minimizesbatteryandfuel.

Smallbatteryrequiresfewerenergytocharge.

Furthermore,itminimizesmotorandenginedisplacement,andthematerialstouse.Smallproductsrequirelessmanufacturingenergy,andlightproductshaveless

collisionenergy,smallburdenforrecycling,fewercostsandriskforrawmaterials.Plus,lightcarshavesmalldamagefortheroadsaswellasburiedwaterandgaspipes,whichrequirelessenergyforinfrastrucutreconstruction.

Light-weightcreatesanangeliccyclethatleadstovariousgoodthings.

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?SuzukiMotorCorporation》2024.Allrightsreserved.8/10

TechnologyStrategy2024forMinimizationofEnergy

●Lean-BatteryBEV/HEV

●High-efficiency

ICE/CNFTechnology

●Light-weightandSafetyBody

MliirizationofEnergy

DisassemblyDesign●SDVright

●EasyRecyclabilityand

WewillworktoachieveminimalenergywithSho-Sho-Kei-Tan-Bi.

Thetechnicalstrategiestoachievethisgoalareasfollows:

“Light-weightandsafetybody”thatsupportsthewholeasthebasisofeverything,“Lean-BatteryEVandHEV"withoptimalmaterialsinoptimalplaceforthe

customer’sdemand,

“Combinationofhigh-efficiencyICEwithCNF”,

“SDVright”thatcreatesvaluewithaffordablesystem,

“Easyrecyclabilityanddisassemblydesign”forthecirculareconomy.

Thesearethefivestrategiesofourtechnologicaldevelopment.

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MotorcycleandMarine

?SuzukiMotorCorporation》2024.Allrightsreserved.

9/10

Althoughwefocusonautomobiletechnologytoday,thestrategiesarecommontoallofSuzuki’sproducts.

Regardingmotorcycles,weareworkingontheCNChallengeusingcarbon-neutralfuelattheSuzuka8HoursEnduranceRacethatwillbeheldfromthisweekend.

Marineisalsoworkingoncarbon-neutralandenvironment-friendlytechnologiessuchasmicro-plasticcollectingdeviceinthesea.

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Suzuki’sPhilosophyofConduct

?SuzukiMotorCorporation》2024.Allrightsreserved.

10/10

Basedonourphilosophyofconduct,Suzukiwlltackletowardrealizingitsmission

statementandachievingminimizationofenergyoptimalforeachcountryandregion.

Throughthis,wewillprovidepeoplearoundtheworldwiththejoyoftransportingfreely.

PleaselookforwardtoSuzuki’stechnologystrategyandproductdevelopment.

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0

SuzukiTechnologyStrategy2024

July17,2024

DirectorandSeniorManagingOfficer

ChiefTechnologyOfficerKatsuhiroKato

SuzukiMotorCorporation

1

MinimizationofEnergybySho-Sho-Kei-Tan-Bi

MinimizationofEnergy

by“Sho-Sho-Kei-Tan-Bi(Smaller,

+CO2

Fewer,Lighter,Shorter,Beauty)”

+CO2

-CO2

-CO2

?SuzukiMotorCorporation》2024.Allrightsreserved.

1/13

-SuzukiIsTechnologyStrategy2024looksahead10years.

-Itaimstorealizeenergy-minimizingtechnologyfromproductmaterialstorecycling.

-Thegoalistocontributetotheformationofasustainablesociety.

?SuzukiMotorCorporation》2024.Allrightsreserved.

2

Resource

Smaller,Less

ingredientstouse

Less,Cleaneremissiongas

Minimizeresourceriskofraremetal/rareearth

MinimizationofEnergy:theOrigins

Environment

Hybrid

Makeupforboth

Minimizeenvironmentalrisksofglobalwarming/airpollution

Balancedwithminimalrisk

2/13

MinimizationofEnergy:theorigins

-Therisksassociatedintheendeavorsofuscompaniesareenvironmentalrisksandresourcerisks.

-Minimizingenvironmentalimpact,andusinglimitedresourceswisely;

bycombiningtheseefforts,weaimtominimizerisks.

-Smallercarsrequirefewerandlightermaterials.Ifthecarislighter,therequiredpowersourcecanbesmaller.

ForEVs,thismeansfewerandlighterbatteries,smallermotors,andreduceduseofrareearthsandraremetals.

-Forinternalcombustionengines,smallerdisplacementreducesbothenvironmentalandresourcerisks.

-Lightercarshavelessimpactonroads,reducingroadmaintenanceburdensandtherecyclingburdenofthevehicleitself,therebyimprovingoverallenergy

securityforsociety.

-Thisistheoriginofwhywesetthetechnologystrategyforminimizationofenergy.

3

AutomobileEVSalesRatioForecast(AllManufacturers)

Japan

India

Europe

Japan

EVHEV ICE

India

Europe

*RegardingtheelectrificationratioofthesalesratioforecastBasedonS&PGlobalMobilitydata

Analyzed,processedandpreparedbySuzukiMotorCorporationinlightoflegaltrends

/Bio

3/13

Europe

India

Japan

ForecastforthesalesratioofautomobileEVbyallmanufacturersinJapan,India,andEuropeoverthenexttenyears

-ForJapan,followingthenationalpolicyaimingfornewcarsalesof100%

electrifiedvehicles,includinghybrids,by2035,salesratioisexpectedtobe70%HEVand30%EV.

-India,activelyintroducingbiofuelssuchasethanolandCBG,isexpectedtobe1/3eachforICEwithCNF,HEV,andEV.

-InEurope,theoverwhelmingadoptionofEVsispredicted.

-Theforecastvariesbyregionduetodifferencesinpowerconditionsandinfrastructure.

Oneofthereasonsforthedifferencescomefromthevariationinpowergenerationmixbyregion,whichwillbeshownnext.

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Rapid

increase

Equal

*Powersupplycompositionineachcountry

Germany(VDIforecast):Climateneutralitytargetfor2045

?SuzukiMotorCorporation》2024.Allrightsreserved.

Totalpower

Fossilfuel

Non-fossilfuel

Slight

increase

ResultsandforeacastsofpowersupplyconfigurationinGermany,Japan,andIndia

Ratioofnon-

fossilfuel

generation

GlobalPowerSupplyConfiguration(MajorSalesRegions)

Germany

Japan

India

Japan:MinistryofEconomy,TradeandIndustry,AgencyforNaturalResourcesandEnergyThe6thEnergyBasicPlan(October2021)

India:CompiledinSuzukibasedonthedataofIEA2022forecast,inconsiderationofgovernmentgoals

4/13

Powergenerationmixof2022resultsand2030forecasts,withGermanyrepresentingEurope,JapanandIndia

-Whilethesearejustforecastsandnotguaranteedoutcomes,thekeypointtonoteisthatby2030,theshareofnon-fossilfuelpowergenerationisexpectedtobeabout80%inEurope,butlowerinJapanandIndia.

*Germany’spowergenerationmixshows2021resultand2035forecast

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Recycling

Power

generation

Fuel

production

Parts

manufacturing

Vehicle

manufacturing

Disposal

Manufacture

Use

MinimizationofEnergy

ConceptualDiagramofEnergyConsumptionintheLifeCycle(ComparisonofBEV/HEV/ICE)

Non-fossilfuelelectricenergy

Non-fossilfuelelectricenergy

Disposal

Running

Maintenance

Resource

extraction

Material

manufacturing

*Conditionsunderconsideration:110,000km,

othersettingsareuniquetoSuzuki

?SuzukiMotorCorporation》2024.Allrightsreserved.5/13

LifetimesecondaryenergyrequirementsforEVs,hybridvehicles,andinternalcombustionengine(ICE)vehicleswiththeadoptionofnon-fossilfuelelectricenergy(estimatedcalculationbySuzuki)

-Thegraphincludesresourceextraction,energyrequiredforpartsandvehiclemanufacturing,energyrequiredforvehicleuse,anddisposal/recycling.

-ThevehiclesshownhereareintheSwiftclass.

-Theleftsiderepresentsa25%non-fossilfuelelectricenergyadoptionrate,whiletherightsiderepresentsa75%adoptionrate.

-Whentheadoptionratereaches75%,EVsbecomethebestchoiceintermsofenergy.

-Inperiodsorregionswheretheadoptionrateislower,hybridsarethebestchoice.

-Webelievethatamulti-pathwayapproachtotechnology,includingEVs,hybrids,andICEsusingcarbon-neutralfuels,isnecessarydependingonthetimingandregion.

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1.Light-weightandSafetyBody:Light-weightPlatform(HEARTECT)

*Thecurbweightistherepresentativeofgradeofeachmodel.

CurbweightofSuzulightandAlto

Takeonchallengeof-100kg

Weightreductionwhileimprovingsafetyperformance

?SuzukiMotorCorporation》2024.Allrightsreserved.

6/13

Suzuki'stechnologystrategyinfiveareas

-1)Light-weightandsafetybodies:thelight-weightplatform"HEARTECT.“

Thefirst-generationAltoweighed545kg,anditsweightincreaseduptothe

seventhgenerationduetoregulatorychangesandotherdemandsofthetimes.

-Withtheeighth-generationAlto,theentirecompanyunitedinaweightreductioneffort,improvingsafetyperformancewhilereducingtheweightby120kg,

bringingitbacktotheleveloftheAltofromfourgenerationsago.

-Thisachievementwasmadeexactly10yearsago.

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●Suspensionframeaspartofvehiclebodyskeletonmember

1.Light-weightandSafetyBody:Light-weightPlatform(HEARTECT)

>>Company-wideunityandconcession(Entreprenerialspirit“YARAMAIKA”)

Reviewofrelationshipbetweenmufflerandsuspensionframe→●Efficientloadtransmission

Prev.

Inefficienttostrideoveramuffler

New

Eliminateexcessbending

7/13

?SuzukiMotorCorporation》2024.Allrightsreserved.

-Previously,themufflerrandownthecenteroftheundersideofthevehicle,withothercomponentsdesignedtoavoidthehotmuffler.

-Bygettingridofpreconceivednotionsandre-evaluatingfromscratch,westraightenedthesuspensionframeandbentthemufflerinstead.

-Thistheoreticalanalysisshowedthatthiswouldincreaserigidity,reduceweight,andimprovedrivingperformance.

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1.Light-weightandSafetyBody:FurtherChallengetoLight-weight

Vehicleweightreductioncontributingto

minimizationofenergyduringuseandmanufacturing

light

TeamSuzuki’sprojecttoextendconcessionstotheentirecar

8/13

?SuzukiMotorCorporation》2024.Allrightsreserved.

-Wewillchallengeforfurtherweightreductionof100kgfor10yearsahead.

-Wewillfurtherevolvethesafeandlight-weight"HEARTECT"platform,whichcontributestoresourceconservationandenvironmentalprotection,andworkonminimizingenergyconsumptionthroughweightreductiontechnology.

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PHEV

Plug-InRangeExtender

HEV

SuperEne-Charge

Runwith

lessenergy

Platform

Batterypack

mileage,

highdurability,and

safetywithlessenergy

Sufficient

E-axle

Small,lightandefficient

Charging

Withlessenergy,shortchargingtime

?SuzukiMotorCorporation》2024.Allrightsreserved.9/13

2.Lean-BatteryBEV/HEV

EV

Combiningpartsthatembody“Sho-Sho-Kei-Tan-Bi,”developelectricsystemwithminimizedenergy

2)TechnologyforBEVandHEV

-Asnon-fossilenergybecomesmorewidespread,BEVwillbetheidealsolutionintermsofenergy.

-WewillbringBEVtothemarketfromnextyearandpromoteenergyminimizationinelectrificationaswell.

-Wewillcontinuetodeveloplight-weightplatforms,small,light-weight,andhighlyefficientE-axles,smallbatterypacksthatensureasuitabledrivingrange,andelectrictechnologiesthataredurable,safe,andshortchargingtimes.

-Wedeveloplean-batteryelectrictechnologieswiththeaimof"usingtheminimumandnecessarybatterieswithoutexcess.“

-Untilnon-fossilenergybecomesfullywidespread,HEVisthebestsolution.

-The12Vmildhybridforminicarhasanengineoutputof36kWwithNA+2kWmotor.

-Thisoutputwillbeinsufficientinthefuture,wewilldevelopalean-battery,SuperEne-Chargewith48Vwhileenhancingmotoroutput.

-Only10kWmotorcanmakeuptoabout30%ofoutput.

-The48Visparticularlywell-suitedforSuzukiIssmallandlight-weightcars.

-Suzukiaimstodeliverthemostenergy-efficientelectricvehiclessuitedtothecountry,region,andcustomerusage,withoutexcessivebatterycapacity,bydevelopingenergy-minimizedelectricvehicles.

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Torque

Torque

Short←Combustiontime→Long

Z12Eengine

4→3cylinders

Weightreduction

Conventional

Strong←Disturbanceincylinder→Weak

Long-stroke

Evolutionofconventional

technologies

TournamentEGR

Pendulum-typebelttensioner

Lowfriction

Effortsforhigh-speed

combustion

Coveragebyelectricdevicesinweakareasforengines

IntermediatelockingVVT

Highcompressionratio+

High-speedcombustion

3.High-efficiencyICE/CNFTechnology

LowHigh(good)Thermalefficiency

Z12E

Electriwaterpump

Lowfriction

Achievedmaximum

Equalrigidityofpistonskirt

Lowfriction

40%thermalefficiency

RPM

RPM

10/13

?SuzukiMotorCorporation》2024.Allrightsreserved.

3)Powertraintechnology.

-In2023,weannouncedahigh-efficiencyengine(Z12Eengine)thatfocusesoncombustion,thecoreofinternalcombustionengines,andlauncheditwiththenewSwift.

-Thisengineachievedamaximumthermalefficiencyof40%,along-heldgoalofourengineers.

-Inthefuture,wewillexpandthishigh-efficiencyenginetechnologyandpursueefficientcombustionofCNFfuelssuchasbiogasandbioethanol.

-Weaimtoachievehighefficiencybyfastcombustionandcleanexhaustemissions.

-Atthesametime,wewilldevelopenginesthatfitwellwiththe"SuperEne-Charge"electrificationtechnology.

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4.SDVright

Suzukiadoptsanupdatestrategythatconsiderstheuser'sperspective.

Reusesoftware.

Utilizeexistingsoftware.

Suzukiaimstoofferaffordablepriceswith"justright"and"thisisfine,thisiswhatIwant"features.

Forexample,safetyequipment.

Trafficconditionsvaryfromcountrytocountry.

Wewillprovidecustomerswithsafety

equipmentoptimumforeachregionoftheworld.

?SuzukiMotorCorporation》2024.Allrightsreserved.11/13

4)Software,inothermean,control.

-Nowadays,thewordofSDV(SoftwareDefinedVehicle)becomegeneralphrase,anditmeanselectricarchitecturethatmakevalueforthevehicle.

-Someelectricdeviceshavetoomuchfunctiontouse.

-Suzukiisdeveloping"SDVright,"anaffordablesystemthatembodiesenergyminimizationthrough“Sho-Sho-Kei-Tan-Bi,"tocreatevalueforcarsandofferittocustomers.

-Softwareupdateswillbeabestmixofwiredandwireless(OTA),ensuringtheyarenotexcessiv