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Toyota To Develop Electric Cars And Batteries With BYD
Toyota to introduce in China all-electric sedans and low-floor SUVs in partnership with BYD.
Toyota constructs a broad partnership for its electric vehicle offensive. Right after the deal with CATL, the Japanese manufacturer announced another one with BYD.
The brief press release reveals that Toyota and BYD will jointly develop both the electric vehicles that will be sold under Toyota brand, as well as batteries for those vehicles (BYD will be of course a cell supplier).
Read more on insideevs.com