Business dealsToyota teams up with Tencent for drive into China's EV market
Two companies to work together on AI and cloud computing for electric cars
Toyota has announced an alliance with Chinese internet giant Tencent. (Photo by Nikkei)
SHUNSUKE TABETA, Nikkei staff writer
BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese internet giant Tencent Holdings, cooperating in artificial intelligence, cloud computing and big data for electric vehicles sold by the Japanese auto company in China.