Toyota and SinoHytec to build commercial vehicle fuel cell system company

On March 29, Toyota Motor Corporation (Toyota) and Beijing SinoHytec Co., Ltd. (SinoHytec) signed an agreement to set up a joint venture in China that will engage in the commercial vehicle fuel cell system business.
The new company will be named Toyota Sinohytec Fuel Cell Co., Ltd. (FCTS) and is set for incorporation....

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