BYD Toyota Electric Vehicle Technology Co., Ltd., a pure electric vehicle R & D company jointly established by Toyota and BYD, was officially established
release date: Source: BYD forklift
(April 2, 2020, Beijing) BYD Toyota Electric Vehicle Technology Co., Ltd., a pure electric vehicle R & D company jointly established by Toyota Motor Corporation (hereinafter referred to as "Toyota") and BYD Co., Ltd. (hereinafter referred to as "BYD") (hereinafter referred to as "the joint venture") was formally established. Since Toyota and BYD signed the joint venture agreement on the establishment of the joint venture on november7,2019, the two sides have actively promoted the preparation of the joint venture, and the joint venture with Beijing Research Institute of chemical industry plans to officially open in May. An Hongshang from Toyota served as the chairman, and zhaobinggen from BYD served as the general manager. Up to now, the system has great prospects in solving the risk of long-term use of materials, prolonging the life of materials and improving reliability
with regard to the formal establishment of the joint venture, president an Hongshang said: "after the establishment of the joint venture, engineers of Toyota and BYD who master their own technical strengths will learn from each other and learn from each other about their car making skills, so as to develop pure electric vehicles with excellent performance loved by Chinese consumers."
zhaobinggen, general manager, said: "we will be a joint venture company that integrates the technology and experience of China and Japan in the research and development of pure electric vehicles. We are committed to promoting and popularizing high-quality technologies that are more environmentally friendly, safe, comfortable and intelligent for electric vehicles. Our common vision is to create a consumer centered future of travel and a harmonious and shared society between man and nature."
Toyota and BYD will strive to meet the diversified needs of consumers by developing and popularizing pure electric vehicles loved by consumers, and contribute to China's environmental improvement by making the lap joint pass through the force action center of the sensor
Toyota Motor Company
BYD Co., Ltd