# Toyota, Mazda and Denso to set up electric vehicle joint venture

Toyota Motor Corp, Mazda Motor Corp and Denso Corp plan to set up a joint venture to develop electric vehicles. A formal announcement was expected later on September 29, 2017.

- Type: Partnership
- Announced: 2017-09-29
- Where: Japan
- Status: rumored
- Products: electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Motor](https://endata.com/companies/962.md) (partner)
- [DENSO](https://endata.com/companies/2901.md) (partner)
- [Mazda Motor Corporation](https://endata.com/companies/26069.md) (partner)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/news/toyota-mazda-denso-to-set-up-electric-vehicle-joint-venture-say-sources/), 2017-09-29: "Toyota Motor Corp, Mazda Motor Corp and parts maker Denso Corp are planning to set up a joint venture to develop electric vehicles, sources familiar with the matter said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.