21 Dec '16, 3pm

Toyota changes course, offers to share hybrid technology with rivals

John Voelcker Dec 21, 2016 Follow John Add to circle 2016 Toyota Prius, Catskill Mountains, NY, Dec 2015 Enlarge Photo Over the past six months, Toyota has made some remarkable decisions about its present and future car technologies. After years of staunch opposition to battery-electric vehicles, it committed to launching one by 2020. Now, the company has decided to offer its proprietary hybrid technology in volume to other automakers. DON'T MISS: Toyota battery R&D will allow all-electric car in 'a few years,' likely 2020 That decision, announced two weeks ago as part of a wider announcement of powertrain strategies by the company, marks a clear change of course. Since 1997, when the company launched the first Prius hybrid model in Japan, it has fiercely guarded its hybrid-electric technology. It has signed a few licensing deals, among them to Nissan for the 2007-2011 Alt...

Full article: http://www.greencarreports.com/news/1107930_toyota-change...

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