OREANDA-NEWS. December 27, 2011. Toyota Tsusho Corporation (hereinafter referred to as "Toyota Tsusho"; headquarters: Nagoya, Japan; president: Jun Karube) has agreed to consider building a strategic partnership pertaining to an automobile-related new energy business. This business includes the operation of a charging infrastructure for electric vehicles in China, with a major information communication systems company in China, China Potevio Company Limited (hereinafter referred to as "China Potevio") and an automotive parts manufacturer, Chongqing Changpeng Industry (Group)  Co., Ltd. (hereinafter referred to as "Changpeng Group").

 China Potevio aggressively builds and operates infrastructure for charging electric vehicles in China through its subsidiaries. In particular, at Shenzhen in China the company set up, constructed, and started operating charging stations for electric buses and electric taxis at 57 locations, in preparation for the Shenzhen Universiade held in August this year. Furthermore, the company plans to implement charging infrastructure businesses in multiple cities other than Shenzhen in the future. The company has become one of the major companies implementing charging infrastructure for electric vehicles in China.

Toyota Tsusho set up a Green Mobility Solution Group as a cross-divisional task force within the company in 2010, to focus efforts on next-generation, automobile-related businesses.

The new energy automotive field in China has been undergoing remarkable development, and is therefore considered to offer huge prospects for business. Taking the conclusion of this agreement as an opportunity, Toyota Tsusho aims to partake in a broad range of interests in the charging infrastructure business, as well as businesses for supplying, modifying, and developing components for electric cars.