Toyota and BYD join forces for EV development in China

Posted By Green Car Reports
Date Friday, 8 November 2019, at 9:00 a.m.
Panasonic Li-Ion EV batteryToyota and BYD will partner to develop BEVs for the Chinese market, the two companies announced Thursday. The automakers will invest 50-50 in a new company, the primary mission of which will be to design and develop BEVs from the ground up. Staffing of the new company's engineering and R&D departments will come from the pool of existing Toyota...

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