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
-
Bolt EV: Like a Hammer Through a Screen
Some of you may remember the Apple “1984” commercial that ran on January 22, 1984, the ad that announced the Macintosh to the world.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
