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Subaru and Toyota will partner to create a new electric vehicle platform. In an announcement on Thursday (6), Japanese companies will produce a compact SUV to be sold by the two brands. "The companies intend to take on the challenge of creating attractive products with an appeal that only battery electric vehicles (BEVs) can offer", say the manufacturers.

According to the automakers, the partner brings the strengths of each in a single product. Toyota has experience in vehicle electrification and Subaru provides the four-wheel drive system. The companies say the new electric vehicle platform will be flexible enough to support a range of C and D segment sedans and SUVs.

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This is not the first time that Japanese companies have joined together in a partnership. In 2005, they co-developed the small twins Subaru BRZ and Toyota 86 (as well as the now deceased Scion FR-S). Last year, Toyota applied its hybrid electric vehicle technologies to the Subaru Crosstrek - which resulted in the Crosstrek Hybrid.

None of the automakers provided information on the launch date for the co-developed vehicles. There is speculation, however, that its production should not take long.

Street: CNet