Toyota Motor Corp. will reconstruct a capital alliance with Isuzu Motors Ltd., with the two firms investing more than ¥40 billion in each other, in a bid to jointly develop advanced vehicles such as small autonomous trucks.
The revived alliance, announced Wednesday, signals the urgent need for carmakers to find partners in developing new, costly technologies, particularly for automotive electrification.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.