Ford and Toyota are joining forces to develop a new hybrid system for light-duty trucks and sports utility vehicles (SUVs). The two manufacturers also plan to create next-generation standards for in-car telematics and Internet-based services.
As the world’s leading manufacturers of hybrid vehicles, this collaboration allows for them to be more cost efficient and bring hybrid technologies to customers sooner than either company could have accomplished alone.
These goals will be accomplished through a memorandum of understanding between the automakers. They will partner to produce a new hybrid power train, delivering greater fuel efficiency without compromising their vehicles’ capabilities.
“By working together, we will be able to serve our customers with the very best affordable, advanced power trains, delivering even better fuel economy,” said Ford President and CEO Alan Mulally. “This is the kind of collaborative effort that is required to address the big global challenges of energy independence and environmental sustainability.”
Toyota and Ford will be equal development partners for a new rear-wheel drive hybrid system and component technology for light-duty trucks and SUVs. While they will share equal footing, both companies will independently integrate the system into their own vehicles, each determining the calibration and performance dynamics of their respective pick-ups and SUVs.
Takeshi Uchiyamada, Toyota executive vice president, Research and Development, satiated, “In 1997, we launched the first-generation Prius, the world’s first mass-produced, gasoline-electric hybrid. Since then, we have sold about 3.3 million hybrid vehicles. We expect to create exciting technologies that benefit society with Ford and we can do so through the experience the two companies have in hybrid technology.”
Additionally, they will also join forces to develop a safer, more secure and more convenient in-car experience for next-generation telematics systems. This agreement is exclusive to their development of standards and technologies to telematics systems.
Both Toyota and Ford expect to see the results of their partnership in their line of vehicles to be developed and launched later this decade.