Toyota and Mazda join forces for electric automobiles

Two Japanese producers in the new era of electric automobiles plan to enter with common force, Kosovo Press broadcasts.

Toyota and Mazda will also be assisted by the third partner, automotive component producer Denso, Mazda reported.

The role of Denso Company in this co-operation will be sharing knowledge from the field of electronics.

As a result of co-operation, the three partners plan the development and creation of various types of electric cars, including passenger vehicles, SUV models and light commercial vehicles and trucks.

When it comes to investments, they will not be equal, since the main burden of the financial share will be carried by Toyota by 90 percent until the investments of Mazda and the Denso Company are equal, by five percent.