Toyota, Volvo Parent discuss hybrid cooperation

Toyota, the Japanese automaker, confirmed last week that it is in talks to cooperate on hybrid technology with Geely, Volvo’s parent company. Through Volvo, Geely has expanded its hybrid offerings in recent years. Toyota, however, is a leader within the electrified industry, having brought the Prius and its progeny to market. An unnamed source hinted the cooperation would center on a Chinese supplier of batteries. Read more.

Comments are closed.