Toyota and BYD have released more details of an electric-vehicle joint venture for the Chinese market, which was announced in November 2019. The two automakers will invest 50-50 in a new company—BYD Toyota EV Technology Co. Ltd—with operations scheduled to start in May. Engineers from Toyota and BYD will work together under the same... BYD and Toyota detail electric-vehicle joint venture for China
Toyota and BYD have released more details of an electric-vehicle joint venture for the Chinese market, which was announced in November 2019. The two automakers will invest 50-50 in a new company—BYD Toyota EV Technology Co. Ltd—with operations scheduled to start in May. Engineers from Toyota and BYD will work together under the same...