NAGOYA – Toyota Motor Corp. is in talks with Germany’s Daimler AG to form an alliance under which Toyota may license Daimler to produce gasoline-electric hybrid vehicles, sources said Thursday.
Daimler would be the fourth automaker in the world to introduce hybrid vehicle technology from Toyota, following Nissan Motor Co., Ford Motor Co. and Mazda Motor Corp.
Toyota is a leading automaker in hybrid technology development. The Prius is one of its most popular hybrids.
Daimler has proposed the alliance in an apparent bid to take advantage of Toyota’s knowhow for its efficient development of environment-friendly vehicles, the sources said.
The German carmaker, though selling hybrids, has lagged behind other automakers in developing such vehicles as diesel cars have been their mainstay “green” vehicles in Europe.
Toyota is considering providing Daimler with motors, batteries, other key hybrid vehicle components and the hybrid production license, the sources said.
Daimler is also interested in Toyota’s development of fuel cell vehicles, they said.
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