Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business Toyota, Mazda, Denso creating company to hasten electric car development Japanese automakers eager to begin rolling out models in 2019 September 28, 2017 15:58 JST | Japan
Toyota Motor, Mazda Motor and Denso on Thursday announced they are jointly setting up EV C.A. Spirit, a company to promote the development of electric vehicles.
Toyota will own a 90% stake in the company. Mazda and Denso will equally split the remainder. EV C.A. Spirit will be capitalized at 10 million yen ($88,386).
Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter
Free access for everyone - Sep. 30
Find out more
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.
Accept & Continue