Mexican Media Brands
Toyota, BYD to Co-Develop EVs for China
Toyota Motor Corp. and BYD Co. have agreed to co-develop all-electric cars and SUVs that will be marketed under Toyota’s name in China.
#hybrid
Share
Toyota Motor Corp. and BYD Co. have agreed to co-develop all-electric cars and SUVs that will be marketed under Toyota’s name in China.
The vehicles will be introduced by 2025, according to the partners. Toyota, a relative latecomer to electrification, now says that half its sales volume worldwide—about 5.5 million vehicles—will be hybrids and all-electric vehicles by that time.
Toyota announced two days ago that it has finalized an EV battery development and supply deal with China’s Contemporary Amperex Technology Co. Ltd. CATL reportedly will begin supplying Toyota with batteries next year for its electrified models in China.
RELATED CONTENT
-
EV Truck & SUV That Aren’t Rivian
A closer look at what Bollinger Motors is developing
-
The U.S. Military Finds New Roads: Fuel Cell Powered Pickups
While it seems that fuel efficiency as related to the U.S. federal government is all about light duty vehicles, that’s far from being the case.
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
