Report – Toyota and Mazda to partner on connected and electric vehicles

Report – Toyota and Mazda to partner on connected and electric vehicles image

Not long ago Toyota and Suzuki announced a wide scope partnership that could have them share the burden of technological advancement – and now the world’s largest automaker is reportedly discussing such issues with Mazda as well.

Japanese rivaling companies Toyota and Mazda are allegedly engaged in talks about a potential cooperation on electric vehicles and connected cars – but apparently the two companies have been discussing a total of ten potential areas of cooperation. These partnerships are needed to help endure the massive technological shifts currently occurring in the auto industry. Executive Vice President of Mazda, Akira Marumoto, allegedly acknowledged the discussions but did not share details. Toyota and Mazda started an agreement last year for a “mutually beneficial long term partnership”.

Under that accord a committee would appear to “evaluate how best to utilize each company’s respective strengths” in order to achieve a “broad and meaningful collaboration”. The two companies already have a manufacturing agreement – a plant in Mexico manufacturing the Mazda 2 sedan and its twin brother, the Toyota Yaris iA. Toyota has engaged in a wide range of agreements, partnerships, and ownerships – has an ongoing collaboration with BMW, recently bought the minicar maker Daihatsu, owns shares from Isuzu and is the majority shareholder in truck maker Hino (which in turn owns a big chunk of Subaru parent Fuji Heavy Industries), and also announced a research and development collaboration with Suzuki.

Via Automotive News

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