BYD, Toyota to establish joint company for battery-electric vehicle research and development
Green Car Congress
NOVEMBER 7, 2019
Since Toyota launched the Prius, the world’s first mass-produced hybrid electric vehicle (HEV), in 1997, the company has become a pioneer of electrified vehicle development with a focus on HEVs. TMEC) and the R&D centers established at Chinese joint-venture companies with China FAW Group Corporation (FAW) and Guangzhou Automobile Group Co.,
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