28 Sep '17, 5pm

Mazda, Toyota and Denso partner to develop electric vehicles

Mazda, Toyota and Denso partner to develop electric vehicles

Mazda, Denso and Toyota signed a contract today to jointly develop basic structural technologies for electric vehicles. Furthermore, the three companies have also decided to establish a new company consisting of selected engineers from the three companies to ensure the efficient implementation of the joint technological development projects. As countries and regions around the world adopt increasingly stringent policies to help reduce greenhouse gases, new regulations that mandate a certain proportion of electric vehicle sales are beginning to emerge. Complying with these environmental regulations, while ensuring the sustainable growth of the companies, requires the development of a wide range of powertrains and technologies. With EVs yet to find widespread market acceptance, the huge investments and time required to cover all markets and vehicle segments is a pressing iss...

Full article: http://electriccarsreport.com/2017/09/mazda-toyota-denso-...

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