U.S., March 21 -- Toyota and Suzuki have announced their agreement to begin considering concrete collaboration in new fields. The duo have been considering the concrete details of new collaborations since completing a memorandum of understanding toward business partnership in 2017.
Toyota and Suzuki, in addition to bringing together Toyota's strength in electrification technologies and Suzuki's strength in technologies for compact vehicles, intend to grow in new fields, such as the widespread popularisation of electrified vehicles. Details of intended areas of collaboration are outlined below.
SEE ALSO:
* Hyundai Canada launches NEXO and becomes first manufacturer to provide fuel cell tech in Canada
*
* Toyota pledges its growing inves...