Toyo Tire Corporation recently announced that it will establish a new R&D Centre, the first European technology development site in Germany. The centre is planned to begin operation shortly with an objective of building a strong technical foundation, by strengthening product development, corresponding to the “movement” of next-generationmobility.
First European R&D Center Launced by Toyo
In order to enhance its technology in Europe, Toyo has announced to build a tyre plant in the Republic of Serbia on the 30th of July this year, starting tyre production from January 2022. In line to this, Toyo will establish the technology centre to expand its capability of collecting market information in the field of tyre related materials, and the latest technology of tyre products driven by the movement of next-generation mobility.
Europe, being a home to large numbers of top-ranking automobile manufacturers, and automobile-related company, to have a base in Europe is beneficial for Toyo especially in terms of the quality and fresh information. The centre will combine material research with technology development and fulfill the function of ensuring the development and production of high-performance, high-value-added tyres in the new plant developed on site.