Mexican Media Brands
Toyota, Suzuki Move Forward with Partnership Plans
Toyota Motor Corp. and Suzuki Motor Corp. say they have concluded initial talks about potential partnerships and now are beginning “concrete examinations” in the areas of environmental, safety, information technologies and parts sharing.
#hybrid
Share
Toyota Motor Corp. and Suzuki Motor Corp. say they have concluded initial talks about potential partnerships and now are beginning “concrete examinations” in the areas of environmental, safety, information technologies and parts sharing.
The Japanese carmakers say they have established an “implementation framework” to move the process forward and identify specific projects, but they haven't provided a timeframe. A Nikkei report last week indicated a deal was imminent following the companies announcement last October that they were exploring various collaborations.
Analysts note that Suzuki could benefit from Toyota's expertise in advanced technologies, including electrified powertrains and autonomous vehicle systems. Suzuki has yet to offer a hybrid or electric vehicle.
Toyota, meanwhile, could learn from Suzuki when it comes to low-cost design and speed to market. Suzuki also could help Toyota grow its presence in India, where the smaller company has a leading position through its Maruti Suzuki venture.
RELATED CONTENT
-
Honda Pilots “SmartCharge” Program for EV Owners
Honda Motor Co. is launching a “SmartCharge” pilot program that allows customers to coordinate charging times for electric vehicles and plug-in hybrid for non-peak grid times.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
BMW and Daimler: Almost Unimaginable
While we are probably not at the edge of the Apocalypse, the joint announcement coming from BMW Group and Daimler AG today is something that most people probably didn’t expect and might have seemed Apocalyptic not all that long ago.
