# Toyota to take 10% stake in BluE Nexus to strengthen electrified systems sales

Toyota Motor Corporation will make a new investment to acquire a 10% stake in BluE Nexus Corporation to collaborate on development and sales of electrified drive modules and control calibration services for electrified vehicles.

- Type: Investment
- Announced: 2020-07-31
- Where: Toyota City, Japan
- Starts operating: Aug 2020
- Status: announced
- Products: electric drive modules, electrification systems, hybrid systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BluE Nexus](https://endata.com/companies/36807.md)
- [Toyota Motor](https://endata.com/companies/962.md) (investor)

## Sources

- [global.toyota](https://global.toyota/en/newsroom/corporate/33344322.html), 2020-07-31: "Toyota will provide a new investment contribution, taking a 10 percent stake of BluE Nexus to achieve this goal."

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