Tag: Toyota
BYD, Toyota Agree to Establish Joint Company for Battery Electric Vehicle Research and Development
Toyota City, Japan, November 7, 2019―BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that they have signed an agreement to establish a joint company to research and development for battery electric vehicles (BEVs). The new R&D company, which will work on designing and developing BEVs (including platform) and its related parts, is anticipated to be established in
Toyota pushes ahead with solid-state batteries for future electric cars
Toyota has been slower to embrace electric cars than other automakers, but the Japanese giant may soon catch up. Plans to introduce more electric cars and a potentially game-changing battery technology have been accelerated, Toyota recently announced. A goal to sell 5.5 million electrified vehicles has been moved up by five years, from 2030 to 2025. Toyota’s definition of “electrified” includes
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