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Toyota offers financing for electric vehicles

CUPERTINO, CA — Toyota announced a $300 million financing agreement with Aquafina, a subsidiary of Aquafini, to help support the development of electric vehicles in Latin America.

The Toyota-Aquafina partnership is the latest in a series of partnerships between Toyota and aqua-financing companies.

Toyotas first investment in Aquafin, the $50 million investment group that is financing electric vehicles and related infrastructure, has been announced.

In January, Toyota announced it would invest in the development and production of electric and hybrid vehicles and other technology-enabled technologies.

Aquafin also recently signed a partnership with Tesla Motors for the production and sale of electric cars and other technologies.