Toyota, Subaru, and Mazda are joining together to build new engines as the car makers move to ramp up efforts towards "electrification," Reuters reported.
In a group statement to the press on Monday, the three automakers touted the commitment as a way to "optimize integration with motors, batteries, and other electric drive units."
The planned EV engines are expected to be compatible with both electric and biofuels, as well as compliant with the European Union's stricter emission standards.
The press statement did not indicate a timeline for when the product will roll out but several new details can be expected by next year as Toyota pushes more EVs in the international market.
Toyota Increases Efforts to Launch EV Production in the US
The engine-building commitment is only the latest part of Toyota's move to begin mass production to rival EV businesses in the US.
Automotive News reported earlier in May that Toyota has begun opening more positions for its upcoming $13.9 billion EV battery giga-complex in North Carolina.
Once completed, the 1,800-acre complex is expected to generate 5,100 jobs in the state and nearby regions, further establishing the US's position as a top market for electric vehicles.
The factory is projected to begin production by next year to supply EV batteries for Toyota and Lexus hybrids.
EV Market Uncertainties in the US Dissuade Foreign Ventures
While Toyota has already established its presence in the US, Subaru and Mazda may have a harder time turning a profit amid market uncertainties and steep competition.
Subaru has only started efforts to bring more EVs into the US last year as other brands have already transitioned towards zero-carbon emission goals, while Mazda's earlier attempts were met with delays and hiccups.
So far, other Asian-based carmakers like Honda, Nissan, and Suzuki were among the few foreign companies that have started plans for its North American market for more EV-centric highways.
Related Article : Honda is Considering to Set Up EV Production in North America
