制造电动汽车的成本很高，因此丰田及其两家子公司正在寻求出售一些资产来支付费用

作者：塞巴斯蒂安·贝尔（Sebastien Bell）

11小时前https://www.carscoops.com/wp-content/uploads/2023/11/Denso-Office-Building-1024x576.jpg

丰田及其两家子公司正在寻求释放现金，因此将出售约7000亿日元（按当前汇率计算为47亿美元）的汽车零部件供应商电装的股份。尽管有这笔交易，但预计该汽车制造商仍将是该公司最大的利益相关者。

总的来说，此次出售将相当于电装约10%的股份，其中约一半预计将来自丰田。同时，丰田自动织机（生产叉车）和爱信（供应发动机等零部件）将出售剩余股份。

与此同时，据路透社报道，电装计划回购作为此举的一部分出售的部分股票，以防止其股价跌得太低。然而，在交易的初步报告之后，其股价已经下跌了4.9%。https://www.carscoops.com/wp-content/uploads/2023/11/2023-Toyota-FT-Se-FT-3e-concepts-1024x683.jpg

截至9月，丰田持有电装24.2%的股份。因此，即使在这笔交易完成后，丰田出售了供应商约5%的股份，仍是该公司的最大股东。

如果获得批准，这一行动将是日本今年第二大股票发行（仅次于日本邮政银行股票的出售），也是汽车行业十多年来最重要的交易。

由于这些行动尚未正式宣布，丰田尚未公开披露其理由。尽管如此，该公司仍在增加其电动汽车产量，这是一项资本密集型的努力，因为这种先进技术需要研发和生产转换。

该汽车制造商正在努力在其工厂部署新的gigapress，并开发具有异国情调技术（如固态电池）的更长续航里程的电动汽车，以与特斯拉等公司竞争。与此同时，它计划在可预见的未来继续生产混合动力和氢能汽车。https://www.carscoops.com/wp-content/uploads/2023/11/2023-Lexus-LF-ZC-Concept-1024x576.jpg

原文

Toyota To Sell $4.7 Billion Denso Stake To Fund EV Development

Making EVs is expensive, so Toyota and two of its subsidiaries are looking to sell off some assets to pay for it

by Sebastien Bell

11 hours ago

Toyota and two of its affiliates are looking to free up cash and will, therefore, sell about 700 billion yen (US$4.7 billion at current exchange rates) in shares of automotive parts supplier Denso. Despite the trade, the automaker is expected to remain the firm’s largest stakeholder.

In total, the sale would amount to approximately 10 percent of Denso, with roughly half expected to come from Toyota. Meanwhile, its subsidiaries, Toyota Industries (which manufactures forklifts) and Aisin (which supplies engines and other components), will sell the remaining shares.

At the same time, Denso plans to repurchase some of the shares that are sold as part of this move to prevent its stock price from dipping too low, as reported by Reuters. However, its shares have already fallen by 4.9 percent following the initial reports of the trade.

The Toyota FT-Se and FT-3e EV concepts

As of September, Toyota held a 24.2 percent stake in Denso. Consequently, even after this trade is completed, selling roughly five percent of the supplier’s shares, Toyota will remain the largest shareholder in the company.

If approved, this action would represent Japan’s second-largest share offering this year (trailing only a sale of Japan Post Bank shares) and the automotive industry’s most significant transaction in over a decade.

As these actions have not been officially announced, Toyota has yet to publicly disclose its rationale. Nonetheless, the company is increasing its electric vehicle production, a capital-intensive endeavor due to the research and development and production changeovers necessitated by this advanced technology.

The automaker is working deploy new gigapresses in its factories, and to develop longer-range EVs with exotic technology, like solid-state batteries, to take on the likes of Tesla. All the while, it plans to continue producing hybrid and hydrogen vehicles for the foreseeable future.

The Lexus LF-ZC electric concept

TAGS ELECTRIC VEHICLES JAPAN REPORTS TOYOTA