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Toyota’s joint venture with BYD pure electric vehicle research and development company formally established

April 2, Toyota Motor Corporation (hereinafter referred to as “Toyota”) with BYD Company Limited (hereinafter referred to as “BYD”) joint venture pure electric vehicle research and development companies – Toyota, BYD Electric Vehicle Technology Co., Ltd. (hereinafter referred to as “joint venture”) was formally established. Since Toyota and BYD since November 7, 2019 on the establishment of a joint venture signed a joint venture agreement, the two sides actively promote the preparatory work for the joint venture, the joint venture plans to officially opened in May. Shore macro is still chairman of the board from Toyota, Bing-root from BYD as general manager.

for the joint venture was formally established, shore macro is still chairman, said :. “after the joint venture company, Toyota and BYD technology to master their strengths together engineers will learn from each other, share their experience repairer skills in order to develop a high performance electric vehicles by consumers in China.”

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Bing-roots general manager, said: “we are a set of Japanese technology and experience pure electric vehicle technology research and development joint venture dedicated to promoting the popularity of electric vehicles more environmentally friendly, safe, comfortable. intelligent high-quality technology and our shared vision for the future is to create consumer-centric trip, man and nature shared society. “

developed by Toyota and BYD and pure electric vehicles popularity by consumers, and strive to meet the diverse needs of consumers, while improving contribute to China’s environment.

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