Toyota To Introduce Hybrid Technology to China
Toyota has reportedly signed an agreement with a Chinese
automobile technology research institute to introduce
environmentally-friendly hybrid engine technology to the
China market.
This hybrid engine technology would include engines which
run on a combination of gas and electric power, such as
are used in the Toyota Prius.
Toyota hopes that this will give the company an edge
in the Chinese market by sharing its modern technology
with the Chinese market and government.
The agreement was reportedly signed with the China Automobile
Technology Research Institute, based in Tianjin on July
31. Under the agreement, Toyota will have demonstration
tests, and will participate in policy research on fuel-efficient
technology and research of alternative energies for cars.
Toyota will ship its Prius hybrid-engine cars for road
tests in China and the two parties also plan to research
the role of government in promoting the use of low-pollution
cars, which are gaining popularity in Japan, the US and
elsewhere.
The Chinese auto market has experienced rapid growth
this year, which have led to higher oil
imports . As the host for the Beijing 2008 Olympics
and 2010 Shanghai World's Fair, the Chinese government
is anxious to show that rapid economic development does
not come at the expense of pollution and the environment,
and special emphasis has been placed on developing and
acquiring alternative clean technologies.
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