Toyota and Suzuki, in addition to bringing up Toyota’s strength in electrification technologies and Suzuki’s strength in technologies for compact vehicles, intend to grow in new fields, such as the widespread popularization of electrified vehicles.
 
Details of expected areas of alliance are outlined below. Toyota and Suzuki continue to fairly and freely compete against each other, both companies intend to see further collaboration to realize a sustainable future. “When it arrives to vehicle electrification, which is expected to make further inroads, hybrid technologies are seen as playing a huge role in many markets, as from before. Widespread popularity is necessary for electrified vehicles to be able to contribute to Earth’s environment,” commented Toyota President, Akio Toyoda. “We look forward to the wider use of hybrid technologies, not only in India and Europe, but around the world. At the same time, we know that the extension of our business partnership with Suzuki-from the mutual supply of vehicles and powertrains to the domains of development and production-will help give us the competitive edge we will need to survive this once-in-a-century period of intense transformation.”


This article is originally posted on Tronserve.com