http://www.cityam.com/276295/toyota-sells-electric-car-technology-chinese-startup-return Toyota sells electric car technology to Chinese startup in return for green car credits 15 April 2019 Alex Daniel
[image http://www.cityam.com/assets/uploads/main-image/cam_standard_article_main_image/visitors-look-at-japanese-auto-giant-toy-72427579-5cb48f0362a2d.jpg Visitors look at Japanese auto giant Toy The green car credit system, introduced in January, requires a significant portion of car makers’ production or imports in China must be electric or hybrid (Source: Getty) ] Toyota has agreed to sell its electric car technology to Chinese startup Singulato, in a move which will give it preferential rights to buy green credits under China’s new quota system for electric vehicles (EVs). Read more: Toyota to manufacture new Suzuki model at Derby plant The green car credit system, introduced in January, requires a significant portion of car makers’ production or imports in China must be electric or hybrid. Those that do not meet the quota themselves can purchase credits from rivals that exceed it, but if they do not have enough credits they face government fines for their operations in China. Singulato is developing a mini EV which it hopes to release later this year. This will generate credits for the startup, some of which Toyota will then purchase. Toyota has already said that initially it won’t be able to meet its quotas without buying credits from others. The startup will get a license to use the design of Toyota’s eQ, a battery-powered mini EV. Toyota also hopes to get a bird’s-eye view into how Chinese EV startups work, sources told Reuters. “With electrification, autonomous driving and car-sharing shaking up the industry, old ways need to be re-examined,” one of the sources said. Read more: Electrifying: Toyota and Panasonic link up on electric car batteries “We have a century’s lead in automotive technology, but we also need to be humble enough to learn from newcomers,” they added. [© cityam.com] https://tech.economictimes.indiatimes.com/news/technology/toyota-sells-electric-vehicle-technology-to-chinese-startup-singulato/68891356 Toyota sells electric vehicle technology to Chinese startup Singulato April 15, 2019 REUTERS/Norihiko Shirouzu Toyota has agreed to sell electric car technology to Singulato, its first deal with a Chinese electric vehicle startup ... https://etimg.etb2bimg.com/photo/68891398.cms https://www.businesslive.co.za/bd/companies/2019-04-15-toyota-sells-electric-car-tech-to-chinese-startup-singulato/ Toyota sells electric car tech to Chinese startup Singulato April 14 2019 Singulato workers unwrap a concept car, dubbed the iC3, which is based on a discontinued EV of Toyota, in preparation for the upcoming car show in Shanghai, China https://lh3.googleusercontent.com/k8mlcSKB90snlgkgJ2v8vEmrr1F2uNa4TZMu0A9q2Frr4cqXDJ9EuHexoATnjv2srhH0OuVqyXJRvpbvBAUnMwOTlS3vTfpT=s750 (TMC hev patents shared) http://electric-vehicle-discussion-list.413529.n4.nabble.com/TMC-dog-s-breakfast-electrified-non-EV-patents-2fight-Tesla-shared-EV-patents-tp4693254.html TMC dog's_breakfast electrified/non-EV patents 2fight Tesla shared EV patents Apr 03 2019 + https://electrek.co/2019/04/15/emflux-one-electric-motorcycle/ Emflux One electric motorcycle could be the next affordable electric sportbike at $9,000 Apr. 15th 2019 Emflux's first electric motorcycle has been under development ... emfluxmotors.com electric superbike ... Bangalore.in based EV startup showed off the newest prototype ... https://i1.wp.com/electrek.co/wp-content/uploads/sites/3/2019/04/IMG_4714.jpg For EVLN EV-newswire posts use: http://evdl.org/archive/ {brucedp.neocities.org} -- Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/ _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
