July 19 - 12:07
Toyota and BYD join forces to develop battery EVs
BYD Company and Toyota Toyota have signed an agreement for the joint development of battery electric vehicles. The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others. In a statement, the firms said they are aiming to launch them in the Chinese market under the Toyota brand in the first half of the 2020s.
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