Toyota May License Hybrid Car Technology to More Carmakers

As demand for more fuel efficient vehicles grows worldwide, Toyota looks to capitalize on its technological lead in gasoline-electric drive systems

Published: 14-Jan-2005

Jan. 14 (Bloomberg) -- Toyota Motor Corp., the world's biggest supplier of gasoline-electric hybrid vehicles, said it may license its system to other carmakers, as demand for vehicles with better fuel economy grows.

The carmaker currently licenses hybrid technology to Ford Motor Co. and Nissan Motor Co. The system can potentially be applied to vehicles powered diesel, natural gas, or hydrogen, said Executive Vice President Akihiko Saito in an interview at the North American International Auto Show in Detroit.

"We are being more open to other automakers that are willing to use our hybrid technology," said Saito.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

Playing catch-up a decade late, the world's auto giants now find that they have to lease or buy technology from Toyota.

Spc. Jeffrey Hamme and Staff Sgt. Michelangelo Merksamer of HHC, 1/506th Infantry, point out features of the Hybrid Electric Humvee at the AUSA Annual Meeting earlier this month. The two Soldiers participated in a Military Utility Assessment of the prototype vehicle last month at Fort Campbell, Ky.

Ford's 'Hybrid Patrol,' a 10-city initiative this fall that aims to show hybrid drivers how to drive for best fuel economy. EV World photo of Bill and Lisa Hammond on way to first Ford Patrol event in Detroit during stop-over in Omaha.

READER COMMENTS

blog comments powered by Disqus