Plus, he said, it has already developed the vehicle platforms, engines and transmissions to make the product shift possible.

FORBES: Fiat-Chrysler's Risky Strategy To Move Upmarket

The fourth unit will focus on the development and production of vehicle components such as engines and transmissions.

WSJ: Toyota Overhauls Management

It is ideally packaged for the integration of the high-performance, zero-emission technology: by way of example, the four electric motors and the two transmissions can be positioned as close to the four wheels as possible and very low down in the vehicle.

ENGADGET: Visualized: Mercedes-Benz SLS AMG E-Cell bares all