Three Japanese automotive companies have signed a contract to jointly develop basic structural technologies for electric vehicles. Mazda Motor Corporation. Toyota Motor Corporation and Components and systems manufacturer Denso Corporation will develop a new company with engineers and technicians deputed from the three – named EV C.A. Spirit Co. Ltd, with an initial capital of 10 million yen which will see Toyota contribute 90%, with the rest being made up of equal contributions of 5% each from the other two partners.
This agreement covers a diverse range of models, from mini vehicles to passenger vehicles, SUVs, and light trucks, and aims to innovate the development process by combining the strengths of each company, including Mazda’s bundled product planning and prowess in computer modeling-based development, Denso’s electronics technologies, and the Toyota New Global Architecture (TNGA) platform.
The basic aim is to develop a standard architecture, develop common harmonised components and to scale the systems across various types of electric vehicle.
The company also expects other carmakers and component to participate.