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Suzuki and Daihatsu to invest in Toyota EV alliance

Five major Japanese carmakers to partner on R&D and self-driving vehicles

Suzuki and Daihatsu will invest in a joint venture led by Toyota that will develop advanced automotive technologies, including electrification and autonomous vehicles. (Source photos by Reuters) 

TOKYO -- Suzuki Motor and Daihatsu Motor are joining three other major Japanese carmakers, including Toyota Motor, to jointly develop advanced technologies and accelerate the electrification of commercial vehicles, including so-called kei cars.

The automakers announced Wednesday that Suzuki and Daihatsu will invest in a joint venture set up by Toyota, Hino Motors and Isuzu Motors in April. The companies are set to cooperate on costly research and collaborate on connected, autonomous, shared and electric vehicles, referred to collectively as CASE technologies.

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