Toyota, Subaru to develop battery electric vehicle platform

Reuters

Published Jun 06, 2019 01:16AM ET

Toyota, Subaru to develop battery electric vehicle platform

TOKYO (Reuters) - Toyota Motor Corp and Subaru Corp have agreed to jointly develop a battery-electric-vehicle (BEV) platform and a BEV sport-utility vehicle for sale under each company's own brand, Toyota said on Thursday.

The companies will apply Subaru's all-wheel-drive technologies and Toyota's vehicle electrification technologies, Toyota said in a statement.