Toyoda Gosei Invests in Electric Vehicle Startup

Toyoda Gosei Co (JP:7282) has released an update.

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Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan, a startup focused on developing and selling commercial electric vehicles, as part of its strategy to innovate and expand in the evolving automotive sector. This investment aims to enhance Toyoda Gosei’s knowledge of new mobility technologies through collaboration and personnel exchanges. The partnership aligns with the broader industry shift towards sustainable and efficient transport solutions.

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