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Toyota's JV in CN May Adopt DMI Technology From BYD COMPANY (01211.HK) - Report
Citing sources, Chinese media reported that Toyota's joint venture in China is planning to introduce plug-in hybrid vehicles in the next 2-3 years plans, involving about 2-3 mo...
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Toyota's JV in CN May Adopt DMI Technology From BYD COMPANY (01211.HK) - Report
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Citing sources, Chinese media reported that Toyota's joint venture in China is planning to introduce plug-in hybrid vehicles in the next 2-3 years plans, involving about 2-3 models. The technology route is very likely to not be the extension of Toyota's original Hybrid architecture, and may instead adopt BYD COMPANY (01211.HK)  -4.800 (-2.268%)    Short selling $356.19M; Ratio 31.572%   's DMI technology.

It is learnt that, according to Toyota sources, even if Toyota adopts BYD's DMI technology, new polishing and tuning will be carried out, and the final model driving experience will also be different.

Related NewsBofAS Downgrades GAC GROUP (02238.HK) to Neutral, Cuts TP to $3.6
Toyota will hold a technology release event on full-range electrification in Japan at the end of this month. Sources say the event will introduce how the group is laying out its plans for PHEVs, and may reveal a small supercharged engine of "epochal significance".

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-23 16:25.)

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