Toyoda Gosei acquires stake in EV Motors Japan

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2024-12-23 08:21:56

Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses. Toyoda Gosei said in a statement on last Friday that the commercial electric vehicles (EVs) developed by EVM-J achieve lower power loss during acceleration and...

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