The Car and Truck Fleet and Leasing Management Magazine

Toyota, Nissan Develop Hybrid Electric Vehicles

September 19, 2002

Toyota Motor Company and Nissan Motor Company announced plans to work closely together in developing hybrid electric vehicles, reported the Associated Press. The deal states that Toyota will provide components for Nissan models sold in the U.S. beginning in 2006, targeting 100,000 vehicles over five years. Nissan will be able to cut development costs by buying hybrid system parts from Toyota. Toyota has sold 120,000 hybrid vehicles of four models worldwide and is considered the global leader in introducing mass-produced hybrids. The company has an agreement with General Motors to work together on environmentally friendly technologies, but no specific agreement like the one with Nissan has been made.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A professional who manages a fleet of vehicles, either directly or by working with an outside organization.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher