Toyota provides foreign companies with steam-electric hybrid technology for the first time

A few days ago, Mr. Xuan learned from relevant channels that Toyota Motor Corporation decided to provide Toyota’s most well-known auto-electric hybrid technology system to its Chinese joint venture partner, Guangzhou Automobile Group. This is the first time that Toyota Motor Corporation has provided its core hybrid technology to a foreign company. .
Toyota’s hybrid technology has a history of more than 20 years. Since the launch of Toyota’s first hybrid model, the Prius in the 1990s, Toyota has become the first OEM in the entire automotive market to enter the field of alternative energy. Relying on this technological advantage, Toyota has sold 15 million hybrid car products in the past 20 years of market competition, and has created a record of zero battery safety accidents.
It is reported that Japan BluE Nexus, which develops and supplies hybrid vehicle drive systems, has reached an agreement with GAC Group on technology transfer, and that GAC will have the right to use Toyota’s hybrid power system in the future. BluE Nexus is a joint venture company established by Toyota, Denso (DENSO) and Aisin Seiki (Aisin Seiki). The company had previously negotiated with BMW Group and Geely Holdings on the supply of hybrid systems, but in the end, No cooperation has been reached.
Chosen’s opinion: Hybrid technology is already a key technology for the development of the current automotive market, and Toyota’s hybrid technology is highly recognized worldwide. However, in the Chinese market, the space for the development of the HEV light hybrid technology that Toyota is good at has been very limited. After all, HEV models in China are not recognized as new energy vehicles.