Toyota considers licensing hybrid technology to FAW

Toyota is reportedly in talks to license its hybrid technology to Chinese partner FAW Group, reports Kyodo News. The technology share would include a range of hybrid system components, such as motors and batteries, for FAW hybrids to be launched in 2013 or later. The Sichuan FAW Toyota Motor joint venture currently produces an earlier generation of the Toyota Prius, along with the Land Cruiser and Coaster. (December 2, 2010)