Toyota to establish in-house venture company for EV development  [ Japan ]

On November 17, Toyota Motor Corporation (TMC) announced it will establish an in-house venture company responsible for developing electric vehicles (EV). The venture company will be a virtual organization consisting of four people, one person each from Toyota Industries Corporation, Aisin Seiki Co., Ltd., Denso Corporation and TMC.Set to launch in December 2016, the venture company will be inde...
<Nov 18, 2016>