EVLN: mega-TMC's Subaru EV brand> might swallow Mazda, Suzuki & Yamaha (v)

classic Classic list List threaded Threaded
1 message Options
Reply | Threaded
Open this post in threaded view

EVLN: mega-TMC's Subaru EV brand> might swallow Mazda, Suzuki & Yamaha (v)

Electric Vehicle Discussion List mailing list

Toyota Deepens Ties With Subaru: Joint AWD Electric Cars Coming
Sep 30, 2019  Mark Kane


Toyota and Subaru are on the path of consolidation and electrification.

Toyota took another step in its strategy of building a broad Japanese
automotive alliance, by deepening partnership with the 10-times smaller

Toyota has been working with Subaru on various projects since 2005 when it
acquired 9.5% of the company (Fuji Heavy Industries at the time). Since
then, the share increased to 16.83% and through a new agreement Toyota will
buy at least 3.17% to get a minimum of 20% of Subaru, which will become an
affiliated company of Toyota. Subaru will repay the same, by acquiring
Toyota shares for 80 billion yen ($740.8 million) - the amount necessary for
Toyota to acquire Subaru shares.

According to Subaru, the company will remain independent, but there is no
shortage of analysts that already forecast that at some point in the future,
Subaru will become a fully owned subsidiary of Toyota. The "mega Toyota",
which might swallow Mazda, Suzuki and Yamaha too, will be a huge player in
the overall automotive market ...

Earlier this year, Toyota and Subaru already agreed to [

  - jointly develop a platform dedicated to battery electric vehicles (BEVs)
using Subaru's AWD technologies and Toyota's vehicle electrification
  - jointly develop a BEV model (an all-electric medium-size SUV)

The latest deal includes also the expansion of the use of Toyota hybrid and
plug-in hybrid powertrains in Subaru models. Subaru already offers Subaru
Crosstrek Hybrid in the U.S., which uses the Toyota Prius Prime electric

    Details of business activities in the new alliance

  - In pursuit of making ever-better cars beyond that achieved thus far by
Toyota and Subaru

  - Bringing together both companies' strengths to jointly develop
all-wheel-drive models that offer the ultimate sensation in all-wheel
  - Joint development of the next-generation Toyota 86 and Subaru BRZ

  - Expansion of the scope of partnership to survive this once-in-a-century
period of profound transformation

  - Following the Crosstrek Hybrid*, expanding use of the Toyota Hybrid
System in other Subaru models
  - Cooperation in the domain of connected vehicles and technical
collaboration in the field of autonomous driving

    *Currently available only in the North American market. (Crosstrek is
the North American model name of Subaru XV.)

It's hard to imagine that the two would split their ways after such a deep
partnership in the latest technological advancement.
[© insideevs.com]

Toyota and Subaru join forces (again), this time to build electric vehicles
2019-09-30  Global automaker giant Toyota announced its continued investment
in the alliance with another Japanese company, Subaru. The duo first joined
forces in 2005 ...

+ (£21.5k Chinese-owned MG ZS EV)
MG moves swiftly into the electric age
5 October 2019 ... MG’s first electric car and it notched up 1,000 orders in
two weeks. The first 1,000 retail customers were able to benefit from the
launch price ... (SAIC bought MG)

For EVLN EV-newswire posts use:


Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
ARCHIVE: http://www.evdl.org/archive/index.html
INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org
Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)