NAGOYA, Japan -- Toyota Motor said Friday it has agreed to develop electric vehicles with BYD, the Chinese leader in that field, aiming to roll out electric sedans and SUVs under the Toyota brand in China during the first half of the 2020s.
Japanese automaker finds another partner in race to catch rivals

Toyota displays its Izoa electric car at the Auto Shanghai motor show in April. (Photo by Satoshi Yoshida)
NAGOYA, Japan -- Toyota Motor said Friday it has agreed to develop electric vehicles with BYD, the Chinese leader in that field, aiming to roll out electric sedans and SUVs under the Toyota brand in China during the first half of the 2020s.