28.05.2024 09:53:14 - dpa-AFX: Toyota, Mazda, Subaru Agree To Develop New Engines For Electrification, Carbon Neutrality

TOKYO (dpa-AFX) - Japan's Toyota Motor Corp. (TM), Mazda Motor Corp.
(MZDAF.PK) and Subaru Corp. announced Tuesday their commitment to develop new
engines tailored to electrification and the pursuit of carbon neutrality.

With these engines, the companies will aim to optimize integration with motors,
batteries, and other electric drive units.

The three companies expect to seek to improve standalone engine performance as
well as to optimize their integration with electric drive units, harnessing the
advantages of each.

The new engines are also expected to revolutionize vehicle packaging by being
more compact than existing models. According to the firms, smaller engines will
allow for even lower hoods, improving design possibilities and aerodynamic
performance while contributing to better fuel efficiency.

The development will also emphasize compliance with increasingly strict
emissions regulations.

The new engines will also be made carbon neutral by shifting away from fossil
fuels and offering compatibility with various alternatives. These include
e-fuel, i.e., synthetic fuel, biofuels, and liquid hydrogen.

Koji Sato, President, Member of the Board of Directors and CEO, Toyota Motor,
said, 'In order to provide our customers with diverse options to achieve carbon
neutrality, it is necessary to take on the challenge of evolving engines that
are in tune with the energy environment of the future. The three companies,
which share the same aspirations, will refine engine technologies through
friendly competition.'



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
TOYOTA MOTOR CORP. 853510 Frankfurt 19,152 25.06.24 21:49:54 +0,736 +4,00% 0,000 0,000 19,120 18,416
MAZDA MOTOR CORP 854131 Frankfurt 9,074 25.06.24 15:29:01 +0,142 +1,59% 0,000 0,000 9,078 8,932

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