BYD and Toyota establish 50-50 joint venture for EV technology

BYD and Toyota established BYD Toyota EV Technology Co, a 50-50 joint venture, on April 2, 2020, to research, develop, and manufacture electric vehicles. Operations are expected to commence in May 2020.

“On April 2, BYD Toyota EV Technology Co, a 50-50 joint venture, was established by the two sides.”global.chinadaily.com.cn

• 1 source
• global.chinadaily.com.cnBYD, Toyota charged for cooperation in new energy joint venture - Chinadaily.com.cnZhang DandanApr 13, 2020

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