Toyota signs LOI for future collaboration towards a carbon neutral society
London, 03 August, 2023, (Oilandgaspress) – The City of Jyväskylä (Mayor: Timo Koivisto), TOYOTA GAZOO Racing World Rally Team (TGR-WRT) and Toyota Mobility Foundation (TMF) have signed a Letter of Intent (LOI) towards future collaboration, aiming to achieve a carbon neutral, sustainable and diversified society through community development in harmony with people and nature.
The purpose of the LOI is for the three parties to identify joint initiatives in the short and medium/long term that will contribute to the realization of a carbon neutral, sustainable and diversified society, centered around a new TGR-WRT Development Center to be established in Jyväskylä, Finland.
The City of Jyväskylä is situated in the heart of the Central Finland lake district. With a population of 146,000 Jyväskylä is the seventh largest city in Finland and is one of Finland’s most popular cities to live in. Jyväskylä is considered the capital of sport in Finland, as well as being a youthful city with its dynamic universities and businesses.
TGR-WRT has been based near the city of Jyväskylä since Toyota returned to the FIA World Rally Championship (WRC) in 2017, during which time it has built a strong relationship with the city. The new TGR-WRT Development Center will not only play a central role in the operation of the WRC activities, but will also be a new base for developing ‘ever better cars’ in Europe, utilising the variable surface test roads available in the Jyväskylä area. The Development Center will also aim to reduce the CO2 emitted by entire TGR-WRT’s WRC activities through decarbonizing and emissions reduction initiatives developed with the city of Jyväskylä and TMF and offset CO2 emissions through the introduction of wooden buildings with carbon storage benefits, forest protection through bio-diversity enrichment and continuous cover management, and private power generation facilities and mobility using hydrogen.
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