BYD Toyota Ev Technology Co Ltd planned to develop China - Japan Electric Vehicle Cooperation Project, in Shenzhen, Guangdong, China. The project covered the construction of electric car research and development center, and the supporting production lines. The project was expected to develop the power batteries that support the cars and low-chassis SUVs. Relying on BYD's strong electrified supply chain and Toyota's strong design and vehicle R&D capabilities, the two sides would complement each other through research and development investment and technical advantages to jointly promote electric vehicle technology to be safer, more efficient, lower consumption, and more environmentally friendly. The cooperative model would use the Toyota brand and is scheduled to be launched in the Chinese market by 2025.