22 Oct '11, 12pm

Toyota to sell China-made hybrid vehicles by 2015

Toyota to sell China-made hybrid vehicles by 2015

Leading automaker Toyota said on Saturday it plans to start producing vehicles with Chinese-made hybrid systems by 2015, after it finishes building a research centre in the country. -- PHOTO: REUTERS BEIJING (AFP) - Leading automaker Toyota said on Saturday it plans to start producing vehicles with Chinese-made hybrid systems by 2015, after it finishes building a research centre in the country. The energy-saving vehicles would be made and sold in China through Toyota's joint ventures with Guangzhou Automobile Group and FAW Group Corporation, the Japanese firm said in a statement. The automaker usually exports its key components for hybrid vehicles from Japan. Toyota is investing US$689 million (S$877 million) in a research and development centre for 'environmental technologies' in the eastern city of Changshu, near Shanghai. Please enable JavaScript to view the comments po...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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