Toyota Motor will consolidate a portion of its electrified-vehicle research and development in China, aiming to accelerate product releases in a fast-changing market, reports Nikkei Asia. Toyota is renaming its largest Chinese R&D facility—the wholly owned Toyota Motor Engineering & Manufacturing (China)—to Intelligent ElectroMobility R&D Center by Toyota (China), effective Tuesday.
Engineers from joint ventures with automakers BYD, China FAW Group and GAC Group will also participate in new Toyota-led development projects. “The Chinese market is growing at an unprecedented pace,” said Tatsuro Ueda, CEO of the China region, in Monday’s news release. “Toyota will also work together as a group to reform how we work and think to survive in China.”
The company aims to speed development of electrified vehicles, including hybrids and plug-in hybrids. It seeks to develop smart cockpits that use artificial intelligence, as well as autonomous driving and safety features that better fit conditions on the ground in China.
You must log in to post a comment.