Nov. 14, 2013
Toyota Completes New Facilities in China,
Reaffirms Commitment to Localized R&D and Production
The completion ceremony was attended by special guests from the provincial and municipal governments as well as Japanese ambassador to China Masato Kitera and representatives from local joint venture partners China FAW Group Corporation and Guangzhou Automobile Group Co., Ltd. From TMC, executive vice presidents Mitsuhisa Kato and Yasumori Ihara, among others, attended.
Main building
Green parking spaces and roof
Test circuit
This ceremony marks the completion of TMEC's core facilities, including a vehicle test course, technology testing facilities and the Energy Saving and New Energy Vehicle Technical Center2. As a development center for cutting-edge component technologies, TMEC will leverage its new infrastructure to popularize environmental technologies in China.
Through TMEC, Toyota has made steady progress in developing Chinese-made hybrid systems. At today’s ceremony, Toyota also announced the establishment of a new battery production company and local production of key components, such as inverters and transaxles. Plans call for the introduction of locally-built hybrid systems in vehicles produced and sold through joint ventures around 2015.
Overview of Toyota Motor Engineering & Manufacturing (China) Co., Ltd. (TMEC)
Location |
Changshu New and Hi-Tech Industrial Development Zone, Changshu, China |
Representatives |
Chairman: Mitsuhisa Kato (TMC executive vice president) President: Tadashi Yamashina (TMC senior managing officer) |
Capital |
234 million U.S. dollars |
Overhead
|
689 million U.S. dollars (land, buildings, test course, test facilities, others.) |
Equity participation |
Toyota Motor Corporation: 100% |
Site area |
Approx. 2,340,000 square meters (including 69,000 square meters for buildings and 740,000 square meters for a test track) |
Major facilities
|
Test facilities, including chassis dynamometers, as well as test tracks (including tracks for high-speed, durability, and marketability testing). |
Employees |
Approx. 320 (As of November 1, 2013) |
Establishment |
November 17, 2010 |
Start of operations |
April 2011 |
2Facility for carrying out broad communication on environmental technologies with joint-venture partners, suppliers, other manufacturers, and other external stakeholders