The technology monopoly of collecting patent fees is over. Toyota will provide GAC with core oil-electric hybrid technology

There is a popular saying in the automotive industry: "There are only two types of hybrid cars in the world, one is Toyota, and the other is everyone else." Although this statement is exaggerated, it shows Toyota's position in the field of hybrid technology. However, as the world's automobiles are rapidly moving towards electrification, Toyota's dream of collecting hybrid patent fees may be shattered.

The current automobile market is showing a trend of skipping hybrid and going directly to electrification. Toyota's plan for a future in which its own hybrid will be adopted on a large scale by other automakers is probably not going to come true.

Of course, we have to admit that Toyota's hybrid technology is much more fuel-efficient than traditional fuel vehicles. The Toyota Corolla Hybrid's fuel consumption per 100 kilometers can even be as low as 4L, which is 50% less than traditional fuel vehicles.

Now that the dream of monopolizing the market has been shattered, there is no need to hoard rare goods. Recently, Toyota officially announced that it will begin to share its oil-electric hybrid technology with its partners. As a joint venture brand, my country's GAC Group will be the first to benefit from Toyota's oil-electric hybrid technology sharing.

It is reported that this will be the first time that Toyota Motor has provided core hybrid technology to a foreign company. Japan's BluE Nexus, which develops and provides hybrid drive systems, has signed a technology transfer agreement with GAC Group.

BluE Nexus is a joint venture between Toyota, Denso and Aisin Seiki, and the company has also been in talks with BMW and Geely Holding on the provision of hybrid technology.

With the support of Toyota's advanced hybrid technology, it can be foreseen that GAC's models will gain a broader market space and their market competitiveness will be correspondingly enhanced.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.