BYD and Toyota partner to develop sedans and SUVs for the Chinese market
Chinese EV maker BYD
and Toyota have signed an agreement for the joint development of electric
vehicles. The two companies will develop sedans and low-floor SUVs as well as
the onboard batteries for these vehicles and others. They aim to launch the new
models in the Chinese market under the Toyota brand in the first half of the
2020s.
Source: Toyota
