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Toyota and BYD create joint EV company
News
8th Nov 2019
2 min read

Toyota and BYD create joint EV company

Toyota and BYD have formed a joint company tasked with developing battery electric vehicles (BEVs) from the platform-up. It will be based in China and be established in 2020. The joint-venture will be funded on a 50:50 basis by the two, and run by existing staff, mostly engineers, from both parent companies.
Profile picture of Mike Costello
Mike Costello
BYD F3e EV production plans abandoned
News
7th Dec 2010
1 min read

BYD F3e EV production plans abandoned

It looks like a case of “if it seems too good to be true, it probably is” for Chinese vehicle manufacturer BYD, who has killed off plans for the production of a low-cost electric vehicle. BYD Auto’s deputy general manager, Wang Jianjun, confirmed the F3e – originally shown at the 2006 Beijing Auto Show – would never make production due to a lack of support in the current Chinese climate.
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Tim Beissmann
Daimler set to sell stake in Tata Motors
News
9th Mar 2010
1 min read

Daimler set to sell stake in Tata Motors

Reports from India this morning say Germany's Daimler is set to sell its long-time stake in Tata Motors. Daimler, who own a 5.34 per cent stake in the Indian company, gave no comment on a its decision to sell the shares. Estimates put Daimler's return on the sale at US$429 million (AUD$470 million). The news comes as Daimler forms a number of new automotive partnerships, recently purchasing shares in both US firm Tesla Motors and China's BYD.
Matt Brogan
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