Toyota Wants To Sell Its Engines & Hybrid Systems To Other Automakers – Here's Who Could Buy Them
11 Articles
11 Articles
Japanese manufacturer plans to triple the revenue with the supply of propulsion sets to third parties by 2032
Toyota plans to sell the new generation of gasoline engines and hybrid power systems to other automakers. The Japanese company expects this business to bring in about 1.5 billion euros a year by 2032, with the first deliveries likely to begin as early as 2027. Toyota is targeting orders of around 500 million euros this year, and the plan is unusual for the auto industry, where manufacturers are increasingly upgrading existing engines rather than…
Toyota is developing a new family of combustion engines and wants to bet on the powertrain supply business to other brands. According to Automotive News, the goal is to reach about 1500 million euros of annual billing with these sales by 2032. By 2026, the Japanese manufacturer points to orders [...] The post Toyota has plan to bill millions with combustion engines appeared first in Automobile Reason.
The goal is to achieve annual business of 1.5 billion euros by 2032.
The Japanese car manufacturer wants to turn his own propulsion technology into a business with which he expects to make significant annual profits by 2032.
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