Japan’s automakers, including Toyota, have formed a partnership to develop the next generation of fuel-sipping combustion engines, according to a news report by Automotive News.
Their goal is a 30% improvement in the fuel efficiency of traditional gasoline and diesel engines by 2020.
The Japanese government will aid the country’s eight automakers by chipping in half of the project’s 1 billion yen ($9.9 million) budget.
The newly created Research Association of Automotive Internal Combustion Engines includes Toyota Motor Corp., Nissan Motor Co., Honda Motor Co., Mazda Motor Corp., Mitsubishi Motors Corp., Daihatsu Motor Co., Suzuki Motor Corp. and Fuji Heavy Industries Ltd.
Source: Automotive News
