Mazda And Toyota Pair Up For EVs, Connectivity, Production And More
Japanese automakers Toyota and Mazda have announced a new stage in their ongoing partnership, with joint production facilities, electric vehicles, and connectivity the focus of the newest alliance. The deal, worth US$1.6 billion dollars, will see the t
Japanese automakers Toyota and Mazda have announced a new stage in their ongoing partnership, with joint production facilities, electric vehicles, and connectivity the focus of the newest alliance.
The deal, worth US$1.6 billion dollars, will see the two companies establish a joint production facility in the United States where Mazda currently lacks a manufacturing presence. The new facility will provide 4000 jobs with a production capacity of up to 300,000 cars per year.
The factory, set to come online by 2021 will produce the Corolla for North America, while Mazda will build a newly-introduced crossover at the facility.
Mazda