Toyota developing EV minicars amid low-cost focus

Daihatsu cargo van web(1).jpg — Daihatsu announced last year it was partnering with Toyota and Suzuki to jointly develop and manufacture full-electric commercial minivans for all three brands but then suspended this due to a scandal.

April 08, 2024 10:13 AM

TOKYO — Toyota Motor Corp.'s troubled minicar maker Daihatsu will dive into electric vehicles as part of a corporate remake that may give Toyota an inside line on low-cost compact EVs for global markets.

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