Foreign media reported that Toyota and Mazda announced the establishment of capital cooperation, the future or common in the United States to form a joint venture factory research and development of electric vehicle technology. The agreement shows that Toyota will acquire 5% stake in Mazda and allow them to share specific production technologies.

Toyota and Mazda plan to set up in the United States an annual capacity of about 300,000 SUV large factories, but the specific location yet to be determined. Toyota and Mazda respectively demonstrated the planned sale of pure electric vehicles by 2020 and 2019, while the commercialization of vehicle design and production would be carried out separately, while still selling through their respective channels.

Through the cooperation is expected to greatly reduce the investment costs of the two factories, and can be shared in the field of production technology, the two car prices also plans to jointly develop electric vehicle technology, when Toyota's overall strength will be extremely effective enhancement.

It is reported that Mazda has no factories in the United States, and the brand's products from Japan and Mexico to the United States imports. This time, Toyota and Mazda once agreed to set up factories in the United States, which not only for the US employment can be considered good news, while Mazda in the US market will enhance the competitiveness

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