Toyota To Share Hybrid Secrets With The Chinese

Chinese officials asked Toyota to share its gasoline-electric technology to help local companies meet stricter emissions targets, people familiar with the matter told Bloomberg, asking not to be named because the talks are private. Seeing this as a chance to make inroads in China, Toyota has engaged in advanced talks to license its hybrid system to Chinese carmaker Geely Automobile Holdings Ltd., two of the people said.

PUGPROUD - 9/13/2018 10:53:16 AM

+1 Boost

Like politics staying the course in auto business makes for strange bedfellows.

zlives - 9/13/2018 6:44:49 PM

+2 Boost

in other news, o wait this is not news #9.
headline correction ...
"Toyota To Share Hybrid historical texts With The Chinese"

skytop - 9/13/2018 8:11:11 PM

+3 Boost

BIG MISTAKE. If you give Chinese a piece of anything they will quickly take the your piece away so that they have the entire pie. They cannot be trusted.

MDarringer - 9/13/2018 10:22:12 PM

+1 Boost

And the Germans can?

MrEE - 9/14/2018 8:51:20 PM

+1 Boost

Other licencees are Ford, GM, Nissan, Mazda, and likely all hybrid manufacturers sans Honda.

MDarringer - 9/14/2018 9:16:41 PM

+1 Boost

Purchasing a license just means "Hey don't sue us for doing something similar."

CANADIANCOMMENTS - 9/16/2018 12:27:33 PM

0 Boost

Those who do business in China would know better, but they are on a completely different plan. They are going to electrify transportation. Huge bus fleets are already run on electricity and more come online daily. They want 10M electric cars on the road. All of this is possible without the huge political influence of big oil (very good) and a command and control economy run by a central government (not so good).

MDarringer - 9/16/2018 4:05:12 PM

+2 Boost

So communism is good?

CANADIANCOMMENTS - 9/16/2018 10:56:29 PM

0 Boost

@MD It is evil actually, I said "not so good" to be kind to any Chinese posters. But for getting things done nationwide, it seems to be the most efficient way to go with central planning and control. They may become a real democracy one day, but it might take 100 years and or a civil war.

malba2367 - 9/19/2018 9:29:07 AM

+2 Boost

Bog mistake to give any technology to Geely... Geely already has tier one automaker knowhow, thanks to engineering/design resources and supplier contracts from Volvo. The Chinese have access to vast amounts of rare earth materials needed for batteries, and can also undercut on the manufacturing side if the build in China.