Talking about sharing green technology.
"Shares of Ford and Toyota leaped on the news that their CEOs met in Tokyo last week, but the companies have hastened to downplay any suggestion that joint ventures were discussed. The conversation was about sharing green technology. Ford, which is having one of the worst years in its history, lags its competitors in terms of fuel-efficient offerings. Toyota, on the other hand, is a leader in the field of green auto technology, with its hybrid-electric Prius leading the U.S. government's annual top-10 fuel economy list for 2007 cars. The two companies already have a history of technological cooperation in environmental technology: in March 2004, Toyota licensed Ford several hybrid system and emissions purification patents."
Smart on Ford's part. Ford might save more by licensing Toyota technology rather than trying to come up with something on their own that doesn't infringe on any patents. Would save them some time getting a vehicle besides an SUV on the road.
What would Ford make? Maybe...a Mini-Van? A really, truly hybrid Mini-van?
Toyota and Ford teaming up again?
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Godiva, Dec 30, 2006.