Toyota Tsusho in partnerships to build charging stations in China

Toyota Tsusho entered into partnerships with two Chinese companies, Potevio and Chongqing Chanpeng, for the development of charging stations for electric vehicles (EVs) in China. Toyota Tsusho is an auto parts manufacturer closely associated with Toyota. The company said it will also explore vehicle development with Potevio. Potevio is an information technology company that has been involved in building charging stations for EVs in Shenzhen, Guangdong province. Chongqing Chanpeng Industry is an auto parts company. A Nikkei report said the three companies may eventually form a joint venture. (December 22, 2011)