Toyota and Suzuki plug into a partnership
Toyota Motor Corp and Suzuki Motor Corp said they planned to produce electric vehicles (EVs) and compact cars for each other to better compete with fast-changing technologies in the global auto industry. The agreement follows an initial R&D tie-up announced by Japan’s No. 1 and No. 4 automakers in 2017, and will see more vehicles produced by Suzuki for Toyota, one of the world’s biggest carmakers.