Toyota to Provide Fuel Cell Parts to Chinese Automaker

Economy

Beijing, April 22 (Jiji Press)--Japan's Toyota Motor Corp. <7203> said Monday that it has agreed to supply fuel cell parts to a commercial vehicle unit of Beijing Automotive Group Co., or BAIC Group.

The unit, Beiqi Foton Motor Co., will mount fuel cell systems using the Toyota parts on large buses.

Toyota said it hopes to support the spread of fuel cell vehicles in China. It also aims to build stronger ties with Chinese companies in the fuel cell sector.

The Japanese carmaker emphasized that it will work with other commercial vehicle makers.

In 2014, Toyota released the Mirai fuel cell vehicle, which is sold in 16 economies.

[Copyright The Jiji Press, Ltd.]

Jiji Press