https://insideevs.com/news/373561/toyota-deepens-ties-with-subaru/ Toyota Deepens Ties With Subaru: Joint AWD Electric Cars Coming Sep 30, 2019 Mark Kane
[image https://cdn.motor1.com/images/mgl/kPmmM/s3/a-bev-dedicated-platform-toyota-and-subaru-will-jointly-develop.jpg ] Toyota and Subaru are on the path of consolidation and electrification. Toyota took another step in its strategy of building a broad Japanese automotive alliance, by deepening partnership with the 10-times smaller Subaru. Toyota has been working with Subaru on various projects since 2005 when it acquired 9.5% of the company (Fuji Heavy Industries at the time). Since then, the share increased to 16.83% and through a new agreement Toyota will buy at least 3.17% to get a minimum of 20% of Subaru, which will become an affiliated company of Toyota. Subaru will repay the same, by acquiring Toyota shares for 80 billion yen ($740.8 million) - the amount necessary for Toyota to acquire Subaru shares. According to Subaru, the company will remain independent, but there is no shortage of analysts that already forecast that at some point in the future, Subaru will become a fully owned subsidiary of Toyota. The "mega Toyota", which might swallow Mazda, Suzuki and Yamaha too, will be a huge player in the overall automotive market ... Earlier this year, Toyota and Subaru already agreed to [ https://insideevs.com/news/353244/toyota-subaru-develop-bev-platform/ ]: - jointly develop a platform dedicated to battery electric vehicles (BEVs) using Subaru's AWD technologies and Toyota's vehicle electrification technologies - jointly develop a BEV model (an all-electric medium-size SUV) The latest deal includes also the expansion of the use of Toyota hybrid and plug-in hybrid powertrains in Subaru models. Subaru already offers Subaru Crosstrek Hybrid in the U.S., which uses the Toyota Prius Prime electric powertrain. Details of business activities in the new alliance - In pursuit of making ever-better cars beyond that achieved thus far by Toyota and Subaru - Bringing together both companies' strengths to jointly develop all-wheel-drive models that offer the ultimate sensation in all-wheel driving - Joint development of the next-generation Toyota 86 and Subaru BRZ - Expansion of the scope of partnership to survive this once-in-a-century period of profound transformation - Following the Crosstrek Hybrid*, expanding use of the Toyota Hybrid System in other Subaru models - Cooperation in the domain of connected vehicles and technical collaboration in the field of autonomous driving *Currently available only in the North American market. (Crosstrek is the North American model name of Subaru XV.) It's hard to imagine that the two would split their ways after such a deep partnership in the latest technological advancement. [© insideevs.com] (v) https://www.wheels24.co.za/News/Industry_News/toyota-and-subaru-join-forces-again-this-time-to-build-electric-vehicles-20190930 Toyota and Subaru join forces (again), this time to build electric vehicles 2019-09-30 Global automaker giant Toyota announced its continued investment in the alliance with another Japanese company, Subaru. The duo first joined forces in 2005 ... https://cdn.24.co.za/files/Cms/General/d/7866/c0ec57f96d0c44ddb2ddbe6db374fce9.jpg + (£21.5k Chinese-owned MG ZS EV) https://www.bridlingtonfreepress.co.uk/lifestyle/mg-moves-swiftly-into-the-electric-age-1-10034313 MG moves swiftly into the electric age 5 October 2019 ... MG’s first electric car and it notched up 1,000 orders in two weeks. The first 1,000 retail customers were able to benefit from the launch price ... (SAIC bought MG) https://images-a.jpimedia.uk/imagefetch/w_700,f_auto,ar_3:2,q_auto:low,c_fill/if_h_lte_200,c_mfit,h_201/https://www.bridlingtonfreepress.co.uk/webimage/1.10034312.1570192481!/image/image.jpg For EVLN EV-newswire posts use: http://evdl.org/ {brucedp.neocities.org} -- Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/ _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub ARCHIVE: http://www.evdl.org/archive/index.html INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
