a few days Ago we reported that Toyota wants to have its first electric car high volume in the market in the year 2020. To do this, you will have the help of Mazda since the two firms have reached an agreement to share this kind of technologies in their ranges. However, the japanese firm has reported that this task is not carried out by Toyota Motor Corporation as a company principal.
we Must remember that Toyota is a specialist in the manufacture of hybrid models, but not electric. Due to the lack of experience in the manufacture of electric vehicles the firm has decided to create a new company, a subsidiary of the group matrix to carry out the work of the electric vehicle. With this measure, the brand wants to avoid running unnecessary risks the time to redistribute their investments.
This new society will be born the next month of December and has a peculiarity with respect to those who have been created in other companies until now, and that is will be virtual. To give entity, shall be composed of four representatives of the companies Toyota Industries Corporation (TICO), Aisin Seiki, Denso Corporation, and Toyota Motor Corporation (TMC).
despite being separated from the branch automobile group, the new company will be able to take advantage of the know-how and technological developments of the Group to carry out the design of the future electric cars of both firms. Thanks to this, the deadlines to have the electric cars of the signatures to japanese on the street are shortened as much as this company will be focused one hundred percent on this work and not have distractions.
To stop, Akio Toyoda, has indicated that the new structure created for the development of electric vehicles will be a venture capital firm that will specialize in this field and therefore, will help other areas of the company, such as the development of hybrid vehicles to be enriched with the knowledge that this has. A win win in every rule.
Source – Toyota Motor Corporation