Toyota Motor Corporation and Subaru Corporation have announced that both companies will jointly developed a new electric vehicle (EV) platform.
Both companies will combine their strengths – Subaru will employ their know-how in all-wheel drive technologies, while Toyota will share their knowledge in vehicle electrification. One of the first few products to come to fruition is a new C-segment SUV that both companies will market under their own brand.
While the SUV will be the first product to be based on the new EV platform, both companies did say that the platform will also underpin future C- and D-segment models, including sedans and larger SUVs in the future.
Toyota and Subaru’s partnership can be traced back to 2005, after both companies concluded on business collaborations in 2005. Some of the products to come out of this partnership include the Toyota 86/Subaru BRZ duo and the sales of the Subaru XV plug-in hybrid, which is sold in the United States.