BYD is partnering with Toyota Motor Corp.'s

Added: 25.4.2020 19:40:00 Views count: 707

25 April 2020

BEIJING -- Electric vehicle maker BYD is partnering with Toyota Motor Corp.'s Hino Motors truck unit to develop electric commercial vehicles, as BYD deepens electric collaboration with Japan's top automaker. The partnership will focus on electric buses and trucks, in addition to BYD and Toyota's joint development on electric passenger cars. Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, has been building electric commercial vehicles including London's electric double-decker buses and electric road sweepers in Beijing. Hino is developing battery electric trucks but has not marketed a fully electric model. Hino makes trucks in China with Guangzhou-based GAC, which is also a partner of Toyota. Toyota, which expects to achieve half of its vehicle sales from electrified models by 2025, has been developing its own EV batteries and has been tapping new suppliers to avoid a shortfall in supply as demand for electrified vehicles is expected to increase in the coming decades.



Privacy preferences
We use cookies to enhance your visit of this website, analyze its performance and collect data about its usage. We may use third-party tools and services to do so and collected data may get transmitted to partners in the EU, USA or other countries. By clicking on 'Accept all cookies' you declare your consent with this processing. You may find detailed information or adjust your preferences below.

Privacy declaration

Show details
Our webpage stores data on your device (cookies and browser's storages) to identify your session and achieve basic platform functionality, browsing experience and security.
We may store data on your device (cookies and browser's storages) to deliver non-essential functions that improve your browsing experience, store some of your preferences without having an user account or without being logged-in, use third party scripts and/or sources, widgets etc.