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2 Japanese Auto Giants To Jointly Make New Hybrid SUV In India
2 Japanese Auto Giants To Jointly Make New Hybrid SUV In India
Japan's Toyota Motor Corp (NYSE: TM) said on Friday it will further leverage its global partnership with Suzuki Motor Corp (OTC: SZKMY) to begin production of a new sports utility vehicle in India with hybrid capabilities.
What Happened: The new SUV, developed by Suzuki, will be built at a Toyota Kirloskar Motor Pvt Ltd plant, the Aichi-headquartered automaker's India plant it runs jointly with the Kirloskar Group.
Toyota and Suzuki started a partnership in 2016 and signed an agreement in 2019 to establish and promote long-term cooperation in new fields, including electric vehicle technology and autonomous driving.
The two companies, under a global partnership that covers their India subsidiaries, have been sharing cars using a cross-badging strategy.
The powertrains of the new SUV, which will go on sale in India, will be equipped with a mild-hybrid developed by Suzuki and a strong hybrid developed by Toyota.
See Also: Why Toyota Will Stick To Making Hybrid Cars Amid Growing Calls For EV Transition
What's Next?: While Toyota will build the new SUV, both Maruti Suzuki and TKM will market the new model in India as Suzuki and Toyota models.
The two automakers also plan to export the new model to markets outside India, including Africa.
Toyota, the world's largest automaker by sales, last week said that it would continue developing and making hybrid and other low-emission vehicles amid shareholder pressure to embrace electric cars.
The automaker has set a goal of selling 3.5 million EVs per year by 2030. For perspective, the legacy automaker sold 10.5 million vehicles last year.
Price Action: TM stock closed 1% lower at $157.5 on Thursday, according to data from Benzinga Pro.
Japan's Toyota Motor Corp (NYSE: TM) said on Friday it will further leverage its global partnership with Suzuki Motor Corp (OTC: SZKMY) to begin production of a new sports utility vehicle in India with hybrid capabilities.
日本的丰田汽车公司纽约证券交易所股票代码:TM)周五表示,它将进一步利用其与以下公司的全球合作伙伴关系铃木汽车公司场外交易代码:SZKMY)将在印度开始生产具有混合动力功能的新型运动型多功能车。
What Happened: The new SUV, developed by Suzuki, will be built at a Toyota Kirloskar Motor Pvt Ltd plant, the Aichi-headquartered automaker's India plant it runs jointly with the Kirloskar Group.
发生了什么:铃木开发的新款SUV将在丰田 Kirloskar 汽车私人有限公司工厂,这家总部位于爱知县的汽车制造商的印度工厂,它与Kirloskar 集团。
Toyota and Suzuki started a partnership in 2016 and signed an agreement in 2019 to establish and promote long-term cooperation in new fields, including electric vehicle technology and autonomous driving.
丰田和铃木于2016年开始建立合作伙伴关系,并于2019年签署协议,在电动汽车技术和自动驾驶等新领域建立和促进长期合作。
The two companies, under a global partnership that covers their India subsidiaries, have been sharing cars using a cross-badging strategy.
两家公司在涵盖其印度子公司的全球合作伙伴关系下,一直在使用交叉徽章策略共享汽车。
The powertrains of the new SUV, which will go on sale in India, will be equipped with a mild-hybrid developed by Suzuki and a strong hybrid developed by Toyota.
将在印度上市的新款SUV的动力总成将配备铃木开发的轻度混合动力车和丰田开发的强劲混合动力车。
See Also: Why Toyota Will Stick To Making Hybrid Cars Amid Growing Calls For EV Transition
另请参阅:在电动汽车转型的呼声越来越高的情况下,为什么丰田会坚持制造混合动力汽车
What's Next?: While Toyota will build the new SUV, both Maruti Suzuki and TKM will market the new model in India as Suzuki and Toyota models.
下一步是什么?:虽然丰田将制造新款SUV,但玛鲁蒂铃木和TKM都将以铃木和丰田车型的形式在印度销售新车型。
The two automakers also plan to export the new model to markets outside India, including Africa.
两家汽车制造商还计划将新车型出口到印度以外的市场,包括非洲。
Toyota, the world's largest automaker by sales, last week said that it would continue developing and making hybrid and other low-emission vehicles amid shareholder pressure to embrace electric cars.
按销量计算,全球最大的汽车制造商丰田上周表示,在股东面临接受电动汽车的压力下,它将继续开发和生产混合动力汽车和其他低排放汽车。
The automaker has set a goal of selling 3.5 million EVs per year by 2030. For perspective, the legacy automaker sold 10.5 million vehicles last year.
该汽车制造商设定了到2030年每年销售350万辆电动汽车的目标。从角度来看,这家传统汽车制造商去年售出了1,050万辆汽车。
Price Action: TM stock closed 1% lower at $157.5 on Thursday, according to data from Benzinga Pro.
价格走势:Benzinga Pro的数据显示,TM股价周四收盘下跌1%,至157.5美元。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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