Mazda Motor Corporation, Denso Corporation, and Toyota Motor Corporation have signed a contract to jointly develop basic structural technologies for electric vehicles in segments including mini-vehicles, passenger vehicles, SUVs, and light trucks. Mazda, Toyota, and Denso have also decided to establish a new company consisting of selected engineers from the three Japanese companies to ensure efficient joint technological development. Mazda will provide bundled product planning and prowess in computer modeling-based development, Denso its electronics technologies, and Toyota the Toyota New Global Architecture (TNGA) platform. As countries and regions around the world, including India, adopt increasingly stringent policies to help reduce greenhouse gases, new regulations that mandate a certain proportion of electric vehicle sales are beginning to emerge.
The 2018 Toyota iQ EV
Complying with these environmental regulations, while ensuring the sustainable growth of our companies, requires the development of a wide range of powertrains and technologies. We regard electric vehicles (EVs) as a key technological field in this process alongside fuel cell vehicles," the companies stated. This announcement comes even as India moves towards an electric mobility future by 2030. At the recent annual SIAM convention, union minister for road transport and highways Nitin Gadkari had warned Indian automobile manufacturers to adopt electric mobility.