Toyota Said Ready to Share Hybrid Auto Tech With China

Toyota aims to expand its presence in China's auto market by leveraging its hybrid technology. The company faces challenges due to the dominance of electric vehicles and tightening fuel economy regulations. Toyota seeks to increase its hybrid sales and become a standard in the hybrid market. Government support from Beijing and strategic partnerships with Chinese carmakers are crucial for Toyota's success. Recent discussions with Chinese officials indicate a potential shift towards hybrid technology, with Toyota willing to share its expertise to foster collaboration.

What is one of the main strategies Toyota is using to compete in the Chinese auto market?

• Reducing production costs

• Expanding hybrid technology

• Focusing on electric vehicles only

• Increasing luxury car sales

Why is hybrid technology important for Toyota in China?

• It helps meet fuel economy restrictions

• It requires less government approval

• It is more popular than electric vehicles

• It is cheaper to produce than electric vehicles

What percentage of Toyota's sales does the company aim to be hybrid by 2020?

• 40%

• 30%

• 20%

• 10%

How has the Chinese government responded to Toyota's hybrid technology?

• They have been lukewarm but are showing more interest

• They have fully endorsed it

• They have imposed restrictions on it

• They have rejected it

What is a potential benefit of Toyota sharing its hybrid technology with Chinese carmakers?

• It could lead to increased competition

• It could increase production costs

• It could reduce Toyota's market share

• It could establish Toyota's technology as a standard