Report: Toyota To Provide Hybrid Components to Mazda
Green Car Congress
JULY 16, 2009
will supply core components for the hybrid vehicle Mazda Motor Corp. Mazda, which is plotting to break into the booming hybrid market, approached Toyota with the request for the parts. Under the alliance, Toyota will provide batteries, motors, control units, and other components made by group autoparts manufacturers. On top of pocketing revenue from Mazda, Toyota expects to reduce costs for components used in its own hybrids by improving economies of scale.