Mazda, Toyota and Denso Form Joint Venture For EV Studies - Mazda 6 Forums : Mazda 6 Forum / Mazda Atenza Forum
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Mazda, Toyota and Denso Form Joint Venture For EV Studies

Japanese automakers Toyota and Mazda announced they were deepening their partnership earlier this year with a joint factory to be built in the US. Both automakers will now also be joining forces with Denso to study EV design. Specifically, they will be studying various technologies and platforms to find the most optimum solution for providing electrification to various vehicle platforms. The three partners will be forming a singular joint venture called EV C.A. Spirit Co LTD. Toyota will provide the lions share of capital (at 90%), with Mazda and Denso both providing a much smaller portion (5% each)

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