TOKYO/NAGOYA -- Toyota Motor has decided to provide Guangzhou Automobile Group, a joint venture partner in China, with its gasoline-electric hybrid technology system, Nikkei has learned. This is the first time Toyota will offer its core hybrid technology to a foreign company.
The move follows a decision by China to include hybrid vehicles in the eco-friendly vehicle category under new emissions standards starting next year. At present, hybrid vehicles are treated in the same way as gasoline-powered ones. Japanese companies, including Toyota, hope to take advantage of the new rules to expand sales in China.
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