Toyota and Subaru to jointly develop an electric SUV
Toyota and Subaru have agreed to jointly develop a platform dedicated to battery electric vehicles (BEVs) for midsize and large passenger vehicles and a C-segment-class BEV SUV model for sale under each company's own brand.
By combining their respective strengths, such as the Subaru all-wheel-drive technologies and Toyota vehicle electrification technologies, the two companies intend to take up the challenge of creating attractive products with appeal that only BEVs can offer.
To respond with a sense of speed to the multiple challenges of these markets, both Subaru and Toyota believe that it is necessary to pursue a business model that goes beyond convention and crossing over industrial boundaries. As a first step in this direction the two companies will jointly develop a BEV-dedicated platform. The platform will be developed in a way that will make it broadly applicable to multiple vehicle types, including C-segment-class and D-segment-class sedans and SUVs, as well as to efficient development of derivative vehicle models.