Toyota, Mazda, Denso to form electric vehicle JV: NHK

Toyota, Mazda, Denso to form electric vehicle JV: NHK

The Toyota logo is seen on a car in a park lot in Sao Paulo, Brazil June 2, 2017. REUTERS/Paulo Whitaker
TOKYO: Toyota Motor Corp , Mazda Motor Corp and Toyota-affiliated parts maker Denso Corp are planning to set up a joint venture to develop electric vehicles, Japanese public broadcaster NHK reported on Thursday.Toyota said it had no immediate comment, while a Denso spokesman declined to comment. Mazda said nothing had been decided yet.(Reporting by Taiga Uranaka; Editing by Chang-Ran Kim)
Source: Reuters