Toyota, Mazda and Denso form new company for EV development

blackwasp · 29th September 2017, 18:49

Toyota Motor Corporation (Toyota), Mazda Motor Corporation (Mazda) and Denso Corporation (Denso) have agreed to jointly develop basic structural technologies for electric vehicles. The three companies will set up a new entity with each one providing engineers for effective implementation of the joint technological developments.

Many countries have announced the shift to electric/hybrid vehicles, and some of them are even mandating the automakers to sell a percentage of models as electric cars. The timely development of electric vehicles in many markets across the segments is difficult for a single automaker. Keeping this in mind, the three Japanese companies have come together to develop basic structural technologies for EVs through various segments like small cars, minivans, SUVs and light trucks. This joint venture aims to utilize Mazda's computer modelling-based development, Denso's electronics technologies, and the Toyota New Global Architecture (TNGA) platform.

The main aim of the company will be to research into the common platform for upcoming EVs, testing the various platforms and their individual components and optimizing the use of each part to its most suitable platform. The companies also aim to create a business structure that is open to participation by other automakers and suppliers.

The new company will be called as EV C.A. Spirit Corporation and will be located at Nagoya, Japan. Toyota will invest 90% of the capital while the other two will contribute 5% each. Denso along with Suzuki has recently set up a Lithium-ion factory in Gujarat.

Toyota, Mazda and Denso form new company for EV development-001_en_3.jpg

Link to Team-BHP News

volkman10 · 22nd October 2017, 20:13

Toyota to sell re-brand MAZDA SUV in US.

Quote:

Toyota Motor Corporation and Mazda started considering selling Sports Type Multipurpose Vehicles (SUV) produced by Mazda at a joint venture plant scheduled to be built in the US as a Toyota brand.

Quote:

Both companies announced capital alliance in August launched joint development of electric vehicle (EV) technology and joint venture production in the US, but it is the first time that concrete measures for supplying products overseas will become clear after the alliance , Further evolve alliance relationship.

link

volkman10 · 1st January 2018, 14:55

Subaru, Suzuki, Daihatsu, Hino decide to join Toyota & Mazda's new EV company!

Link

StarrySky · 1st January 2018, 16:35

It appears as if the Japanese manufacturers have realized that Western, Korean and even Chinese companies have left them behind in EV development and are pooling their resources to dig themselves out of the mess. Would Honda also now join the initiative? I guess Nissan won't be joining.

29th September 2017, 18:49	#1
blackwasp Senior - BHPian Join Date: Apr 2015 Location: Navi Mumbai Posts: 2,974 Thanked: 26,323 Times View My Garage	Toyota, Mazda and Denso form new company for EV development Toyota Motor Corporation (Toyota), Mazda Motor Corporation (Mazda) and Denso Corporation (Denso) have agreed to jointly develop basic structural technologies for electric vehicles. The three companies will set up a new entity with each one providing engineers for effective implementation of the joint technological developments. Many countries have announced the shift to electric/hybrid vehicles, and some of them are even mandating the automakers to sell a percentage of models as electric cars. The timely development of electric vehicles in many markets across the segments is difficult for a single automaker. Keeping this in mind, the three Japanese companies have come together to develop basic structural technologies for EVs through various segments like small cars, minivans, SUVs and light trucks. This joint venture aims to utilize Mazda's computer modelling-based development, Denso's electronics technologies, and the Toyota New Global Architecture (TNGA) platform. The main aim of the company will be to research into the common platform for upcoming EVs, testing the various platforms and their individual components and optimizing the use of each part to its most suitable platform. The companies also aim to create a business structure that is open to participation by other automakers and suppliers. The new company will be called as EV C.A. Spirit Corporation and will be located at Nagoya, Japan. Toyota will invest 90% of the capital while the other two will contribute 5% each. Denso along with Suzuki has recently set up a Lithium-ion factory in Gujarat. Link to Team-BHP News Last edited by blackwasp : 29th September 2017 at 18:53.
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1st January 2018, 14:55	#3
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 23,403 Thanked: 67,767 Times View My Garage	Re: Toyota, Mazda and Denso form new company for EV development Subaru, Suzuki, Daihatsu, Hino decide to join Toyota & Mazda's new EV company! Link
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1st January 2018, 16:35	#4
StarrySky Senior - BHPian Join Date: Apr 2010 Location: EU - Nordic Posts: 2,051 Thanked: 3,043 Times	Re: Toyota, Mazda and Denso form new company for EV development It appears as if the Japanese manufacturers have realized that Western, Korean and even Chinese companies have left them behind in EV development and are pooling their resources to dig themselves out of the mess. Would Honda also now join the initiative? I guess Nissan won't be joining.
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