←back to thread

Toyota is recycling old EV batteries to help power Mazda's production line

(www.thedrive.com)
304 points computerliker | 3 comments | 23 Aug 25 18:29 UTC | HN request time: 0s | source
Show context
bluGill ◴[27 Aug 25 17:41 UTC] No.45042628[source]▶
had to check: toyota owns 5% of mazda which makes them the largest shareholder.
replies(4): >>45042718 #>>45042920 #>>45042963 #>>45043244 #
1. lupusreal ◴[27 Aug 25 18:30 UTC] No.45043244[source]▶
TIL Mazda isn't a wholly owned subsidiary of Toyota. I thought it was, now I wonder where I got that from.
replies(2): >>45043988 #>>45044871 #
2. bluGill ◴[27 Aug 25 19:30 UTC] No.45043988[source]▶
Ownership changes over time. At one time ford was in control. Which is why I checked - what toyota is doing makes no sense until you see current situations, now there is an obvious expected return on investment (if it works out of course- if it does they will do this to their own factories, if not they will write it off and not lose much.)
3. bityard ◴[27 Aug 25 20:36 UTC] No.45044871[source]▶
Related: Ford once had a 33.4% stake in Mazda and there was a bunch of cross-pollination between the two companies at that time. My 2002 Mazda Protege was loaded with various parts bearing the FoMoCo logo. And Mazda engines/chassis powered a bunch of Ford cars world-wide.