Toyota plans cooperation with Fuji Heavy

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Toyota plans cooperation with Fuji Heavy


The Japanese carmaker Toyota aims at a cooperation with the automaker Fuji Heavy Industries in the development of electric cars. According to a report in the newspaper "Mainichi" Toyota has shown some interest in the Subaru Stella electric car model. In 2012, the automaker wants to make his own electric car in the car market and intends to push together with Fuji Heavy Industries. In the context of cooperation include development of certain departments will be merged.

The Fuji's batteries replaced in future by the electric company Panasonic EV Energy, which is a joint venture between Toyota and Panasonic technology group. The newspaper report Fuji Heavy, however, has denied more or less. The traditional car manufacturer Toyota has 16 percent interest in the industry group because of Subaru as a leading company in the development of electric vehicles. The Toyota was founded in 1937 and developed over the past 72 years the world's dominant car company. In fiscal year 2008, annual sales had amounted to 239.4 billion euros. The annual car sales is nearly 9 million vehicles and employs over 316 000 employees at the market leader.


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