Toyota and BYD will materialize their BEV cooperation with the creation of a joint venture

7 November 2019, 06:06:16

Toyota and BYD will materialize their BEV cooperation with the creation of a joint ventureOn July 19, Toyota and BYD announced their cooperation on creating BEVs. The announcement was very short and lacked detail. Today, the two companies unveiled more info on their partnership in this field. More specifically, the two parties will establish a joint venture company to research and develop battery electric vehicles (BEVs). The 50/50 joint venture will be established in China in 2020 and the first products (whenever they are ready) will be created for the Chinese market.

On the establishment of the new company, BYD senior vice president Lian Yu-bo said: "We aim to combine BYD's strengths in development and competitiveness in the battery electric vehicle market with Toyota's quality and safety technology to provide the best BEV products for the market demand and consumer affection as early as we can."

Toyota executive vice president Shigeki Terashi commented: "With the same goal to further promote the widespread use of electrified vehicles, we appreciate that BYD and Toyota can become "teammates", able to put aside our rivalry and collaborate. We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD."

Related news

News related to Toyota or BYD

SNE Research: CATL ranks first in the global EV battery market for the first five months of 2021

According to SNE Research, CATL ranks first in the global EV battery market for the first five months of 2021. Its market share for January-May 2021 is 31.2% compared to 22% for January-May 2020. However, if we look at the GWh installed, the YoY growth reaches a staggering 272.1% from 7.4GWh in 2020 to 27.6GWh in 2021. LG Energy Solutions is second with 23.1% market share for January-May 2021 and a 166.7% growth in...

2 July 2021

Apple in talks with BYD and CATL for EV battery supplied

Reuters reported that according to "four people with knowledge of the matter", Aplpe is in talks with CATL and BYD for supplying batteries for a future electric vehicle. These talks are in a very early stage and it remains largely uncertain whether any agreements will be reached. One of Apple's main condition is the future battery suppliers to create battery manufacturing facilities in the USA, according to two of...

9 June 2021

The Toyota bZ4X Concept is unveiled in the USA

The Toyota bZ4X Concept touched down to make its North American debut at Toyota Motor North America's headquarters. This concept vehicle embodies the vision for the first of a global series of battery-electric vehicles to be introduced under the "Toyota bZ" brand umbrella. Jointly developed with Subaru, the Toyota bZ4X SUV Concept features the new e-TNGA BEV-dedicated platform. The concept conveys Toyota's legendary...

2 June 2021

Subaru Solterra is the name of the first all-electric SUV by Subaru

Subaru unveiled the name of its first all-electric C-segment-class SUV that is co-developed with Toyota - Subaru Solterra (SunEarth). Scheduled to go on sale in mid 2022, it is based on he e0Subaru Global Platform dedicated for all-electric vehicle and jointly-developed with Toyota. This platform enables to roll out various types of EVs efficiently by combining multiple modules and components, such as the front...

11 May 2021

The Toyota bZ4X BEV concept goes official

Toyota has unveiled the Toyota bZ4X Concept - "a vision for the first of a global series of battery-electric vehicles to be introduced under the Toyota bZ brand umbrella." Jointly developed with Subaru, the Toyota bZ4X SUV Concept is built on the new e-TNGA BEV- dedicated platform. The bZ4X adopts a new AWD system jointly developed by Toyota and Subaru; it combines safe and pleasing driving performance - made...

19 April 2021

Lexus premiers the LF-Z Electrified BEV Concept

Lexus has presented the LF-Z Electrified - a conceptual BEV that incorporates driving performance, styling, and technologies envisioned for realization by 2025. It features ideal dynamic balance achieved through the optimal placement of the battery and electric motors, as well as, among others, a new four-wheel driving force control technology known as “DIRECT4” that generates a superior and highly flexible driving...

30 March 2021

BYD Blade Battery set to revolutionise EV market

BYD Europe anticipates that its game-changing new Blade Battery marks the start of a new era of safety and performance for the electric vehicle (EV) industry in Europe. It powers the recently-revealed new seven-seat 2021 BYD Tang SUV – the first car powered by BYD's latest battery technology for the Norwegian market. The BYD Tang completed a successful market introduction in Norway in 2020 with BYD confident that...

17 March 2021

Toyota teases again its BEV on the e-TNGA platform

In early December 2020, Toyota teased its upcoming BEV based on the e-TNGA platform. The teaser back than was a flat 2D sckethc of the outline of the vehicle's profile. Today, Toyota has teased something with volume but still completely under wraps. The new e-TNGA platform is highly versatile and easily adaptable for a range of product types. The basic architecture principle of e-TNGA works on the basis that key...

15 March 2021

Toyota teases a new BEV on the e-TNGA platform for its European market

Today Toyota teased a new BEV based on the e-TNGA platform for its European market. It plans to preview a mid-sized battery-electric SUV in the coming months. The e-TNGA platform is highly versatile and easily adaptable for a range of product types. The basic architecture principle is that a number of key elements remain fixed whilst others vary. This approach allows variance in vehicle width, length, wheelbase, and...

7 December 2020

Chinese EV Battery brands on the rise, Svolt enters Top 10 for the Chinese market

According to the Chinese market research firm Battery China, a total of 6.6GWh of EV batteries were deployed in September on the Chinese market which marks a 66.4% YoY increase and a 28.3% MoM increase. CATL took first place with a 47.1% market share, followed by BYD with a 14.4% share and LG Chem with a 13.8% share. LG Chem's local performance is entirely dependent on the Tesla Model 3 orders. Vehicles from the...

28 October 2020

CATL catches up with LG Chem in EV battery market for 2020

According to the latest report by SNE Research, LG Chem holds the first place in the global EV battery market according to GWh shipped in the January-August period of 2020. The Korean giant holds 15.9% of the market. However, CATL is quickly catching up with 15.5% market share. They are followed by Panasonic with 12.4%, Samsung with 4.1%, and BYD with 3.7%. During the January-August period of 2020, the total amount...

10 October 2020

BYD will supply Daimler with Blade Batteries

The Elec reports that BYD is planning to supply Daimler with its lithium ferrous phosphate (LFP) batteries. These are the brand's Blade Batteries without modules that have higher energy density compared to their counterparts with modules and match the energy density of NCM batteries. Ultimately, this increases the average EV range per charge by 100 km. In general, LFP batteries are able to provide arou8nd 300 km of...

11 September 2020

BYD Han EV makes its European debut during a roadshow in Stuttgart, Germany

BYD Han EV has made its debut in Europe by visiting a roadshow in Stuttgart, Germany. This is the first vehicle from the brand to feature the new Blade Battery. It utilizes singular cells that are arranged together in an array and are then inserted into a battery pack, increasing space utilization by over 50 percent compared to conventional batteries. The Han's long-range version has an NEDC-certified cruising range...

2 August 2020

IDTechEx: "Revolutionary Solid-state Batteries Will Create a $6 Billion Market in 2030"

According to IDTechEx's report "Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players.", the potential market size for solid-state batteries is expected to grow to over $6 billion by 2030. This is due to various undisputed advantages of solid-state batteries including high safety level, simple pack design, higher energy density. The market demand for solid-state batteries mainly comes...

28 July 2020

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevroletDaciae.GOFIATFordHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2022 BMW iX xDrive50

2022 BMW iX xDrive50

Doors: 5, Seats: 5
Length: 195.0 in / 4953 mm
Width: 77.4 in / 1967 mm
Height: 66.8 in / 1696 mm
Curb weight: 5379.28 lb / 2440 kg
Electric motor #1: 250 kW, 400 Nm, Location: Rear
Electric motor #2: 200 kW, 352 Nm, Location: Front
Battery: 111.5 kWh, Voltage: 330.3 V

2022 BMW i4 M50

2022 BMW i4 M50

Doors: 5, Seats: 5
Length: 188.3 in / 4783 mm
Width: 72.9 in / 1852 mm
Height: 57.0 in / 1448 mm
Curb weight: 5048.59 lb / 2290 kg
Electric motor #1: 230 kW @ 8000 - 17000 rpm, Location: Rear
Electric motor #2: 190 kW @ 8000 - 17000 rpm, Location: Front
Battery: 83.9 kWh, Voltage: 398.5 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range AWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Location: Rear
Location: Front
Battery: 72.6 kWh, Voltage: 800 V

2022 Hyundai IONIQ 5

2022 Hyundai IONIQ 5 Long Range RWD

Doors: 5, Seats: 5
Length: 182.5 in / 4635 mm
Width: 74.4 in / 1890 mm
Height: 63.2 in / 1605 mm
Electric motor: 160 kW, 350 Nm, Location: Rear
Battery: 72.6 kWh, Voltage: 800 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Launch Edition

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EUV

2022 Chevrolet Bolt EUV Premier

Doors: 5, Seats: 5
Length: 169.5 in / 4305 mm
Width: 69.7 in / 1770 mm
Height: 63.6 in / 1616 mm
Curb weight: 3679.52 lb / 1669 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV Launch Edition

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2022 Chevrolet Bolt EV

2022 Chevrolet Bolt EV 2LT

Doors: 5, Seats: 5
Length: 163.2 in / 4145 mm
Width: 69.5 in / 1765 mm
Height: 63.4 in / 1611 mm
Curb weight: 3589.13 lb / 1628 kg
Electric motor: 150 kW, 360 Nm, Location: Front
Battery: 65 kWh, Voltage: 350 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro S Tour

Doors: 5, Seats: 4
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 4263.74 lb / 1934 kg
Electric motor: 110 kW, 310 Nm, Location: Rear
Battery: 45 kWh, Voltage: 408 V

2021 Volkswagen ID.3

2021 Volkswagen ID.3 Pro Performance Max

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.7 in / 1568 mm
Curb weight: 3979.34 lb / 1805 kg
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 58 kWh, Voltage: 408 V

2021 Opel Mokka-e

2021 Opel Mokka-e Launch Edition

Doors: 5, Seats: 5
Length: 163.4 in / 4151 mm
Width: 70.5 in / 1791 mm
Height: 60.3 in / 1532 mm
Electric motor: 100 kW, 260 Nm, Location: Front
Battery: 50 kWh

2021 Hyundai KONA Electric

2021 Hyundai KONA Electric Ultimate 64 kWh

Doors: 4, Seats: 5
Length: 164.6 in / 4180 mm
Width: 70.9 in / 1800 mm
Height: 61.2 in / 1555 mm
Curb weight: 3836.04 lb / 1740 kg
Electric motor: 150 kW @ 3600 rpm, 395 Nm, Location: Front
Battery: 64 kWh, Voltage: 356 V

2021 Tesla Model 3

2021 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4100.6 lb / 1860 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2021 Tesla Model 3

2021 Tesla Model 3 Long Range AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4071.94 lb / 1847 kg
Electric motor #1: 188 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2021 Tesla Model Y

2021 Tesla Model Y Performance AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Location: Rear
Location: Front
Battery: 74 kWh

2021 Tesla Model Y

2021 Tesla Model Y Long Range AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Location: Rear
Location: Front
Battery: 74 kWh

2021 Tesla Model X

2021 Tesla Model X Performance

Doors: 4, Seats: 5 / 6 / 7
Length: 198.3 in / 5037 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5740.84 lb / 2604 kg
Electric motor #1: 375 kW, 720 Nm, Location: Rear
Electric motor #2: 205 kW, 420 Nm, Location: Front
Battery: 100 kWh, Voltage: 350 V

2021 Tesla Model X

2021 Tesla Model X Long Range Plus

Doors: 4, Seats: 5 / 6 / 7
Length: 198.3 in / 5037 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5630.61 lb / 2554 kg
Electric motor #1: 210 kW, 335 Nm, Location: Rear
Electric motor #2: 205 kW, 420 Nm, Location: Front
Battery: 100 kWh, Voltage: 400 V