28 Aug '17, 6pm

Toyota Looking Into North American Suppliers For New EV Lineup

Toyota Looking Into North American Suppliers For New EV Lineup

Toyota is taking a global strategy for launching its new lineup of electric vehicles, with North American suppliers becoming part of the equation. A U.S. executive said the company has been talking to automotive suppliers for more than a year – and may build some of the product in North America. Toyota is looking into sources for EV components that include power packs, motors, and inverters. The Japanese automaker plans to launch a new lineup of faster charging, longer range battery electric vehicles, a mission that had been diverted to hybrids and hydrogen fuel cell vehicles in recent years. The company is expected to bring EVs to China’s growing “new energy vehicle” market in the next few years. But it goes much farther than Japan and China. Toyota is seeing stricter emissions regulations being implemented worldwide, and expects EV demand to pick up. “If you look over th...

Full article: http://www.hybridcars.com/toyota-looking-into-north-ameri...

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