The collaboration aims to support decarbonisation by making internal combustion engines compatible with alternative fuels such as e-fuels and biofuels.
Toyota has been following a "multi-pathway" approach to carbon neutrality by catering to differing needs in each of its markets by offering vehicles with a range of powertrains. / Photo: AFP Archive
"With these engines, each of the three companies will aim to optimise integration with motors, batteries, and other electric drive units," they said in the statement on Tuesday, pledging to make more compact engines that will allow for lower hoods. "If it is cool, it will sell. Therefore, profit will increase," Chief Technology Officer Hiroki Nakajima told reporters on Friday at the Fuji Speedway circuit.The announcement is the latest example that showcases Toyota's close ties with Subaru and Mazda. Toyota owns about a fifth of Subaru and roughly 5 percent of Mazda.
Automakers face tougher emissions standards in markets such as the European Union where policymakers are pursuing a set of rules known as"Euro 7" that they hope to apply to cars and vans from 2030. They plan to ban sales of new CO2-emitting cars from 2035.
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