Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.
The new initiative between VW’s Traton and Toyota’s Hino expands a purchasing collaboration forged two years ago and will include components, electric-vehicle underpinnings and software, the companies said Oct. 28 in a joint statement.
