Toyota will also develop a crossover, large SUV, saloon and MPV, with the firm at least some of those vehicles could also be developed with partners.
Toyota Motor Corporation and Subaru Corporation have announced that both companies will jointly developed a new electric vehicle (EV) platform. It's hard to say when we will see Toyota/Subaru electric SUV, but we are eager to see one.
It looks like Toyota and Subaru are back at it developing a new platform.
Toyota's electric vehicle programme will start next year, when the firm will launch electric versions of the Toyota C-HR and sister Izoa in China, alongside a Japan-only two-seat city auto.
"The automotive industry is in the midst of a once-in-a-century period of profound transformation", the companies said. Subaru will produce these all-electric all-wheel drive vehicles under their own brand and they will use Toyota technology to move into bringing out new eco-performance models for their customers.More news: Uber will start offering $200 helicopter rides in NY next month
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While Toyota and Subaru already have had a long-held collaborative relationship (instigated in 2005), the joint agreement to develop BEVs is a landmark moment.
Toyota and Subaru have agreed to develop a joint BEV platform.
After that, the platform will also be used for medium-small C-segment sedans and D-segment vehicles which means we will be seeing more EV models coming from both automakers.
"Subaru and Toyota believe that it is necessary to pursue a business model that goes beyond the convention and crosses industrial boundaries", the automakers said. Additionally Toyota had provided the battery technology for Subaru's Crosstrek plug-in hybrid.
The companies also make reference to the need for manufacturers to collaborate given the high costs and supply problems associated with battery production. Until now, the company has focused on its hybrid technology to the exclusion of developing EVs, and has publicly questioned consumer demand for electric cars and their viability.