Toyota May Give China The Secrets To Build Its Own Prius CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Toyota May Give China The Secrets To Build Its Own Prius

Toyota May Give China The Secrets To Build Its Own Prius

Sep. 15, 2018 1:00 PM ET by Jared Rosenholtz / 5 Comments The move could help Toyota gain ground in China. Despite what you think about the Toyota Prius, there is some secret ingredient that makes it by far the best selling hybrid in the world. No other automaker has quite been able to replicate the sales success of the Prius, giving Toyota a huge advantage in the hybrid segment. Other companies desperately want to know the secrets of the Prius, and according to Automotive News, Toyota may be gearing up to divulge them to China. Toyota Speaking to Bloomberg, sources close to the issue said Chinese officials asked Toyota to share its hybrid technology with local automakers to help meet strict emissions targets. Toyota sees this as an opportunity to grow in China, where it has lagged behind Volkswagen and General Motors in terms of sales. The Japanese automaker is currently in talks with Chinese automaker Geely, the same company that currently owns Lotus and Volvo, to license its hybrid system. Toyota Motor Corporation China is one of the worst countries in terms of pollution and is keen to switch over to purely electric cars as soon as possible. Seeing as this may not be viable for a number of years, the Chinese government is now seeing the benefits of hybrid technology to reduce emissions on the way towards an all-electric future. China has already offered government subsidies on fully-electric cars but may decide to do the same with hybrids, which would be good news for Toyota. Toyota Of the 1.3 million vehicles Toyota sold in China, around 10% were hybrids - Toyota would like to up that proportion to around 30% by 2020. In addition to Geely, Toyota is in talks with several other Chinese automakers and could make an announcement about a partnership by the end of the year. Sharing its hybrid technology in China may be a risk, but it could be integral to helping Toyota sell more cars in the region. Toyota Toyota Toyota Toyota

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Toyota Prius Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top