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Toyota May Supply Hybrids to Other Automakers: Reuters

April 24, 2002

Toyota Motor Corp. may supply gasoline-electric hybrid vehicles to other automakers as partof its goal to produce 300,000 such eco-friendly cars a year by 2005, a senior executive said, according to a Reuters report.Hiroyuki Watanabe, senior managing director in charge of environmentally friendly technology, told Reuters in a recent interview that Toyota had held discussions with other automakers about supplying hybrids to them."We are trying to raise the chances of that happening," he said, adding that the world's third-biggest automaker had not yet decidedwhether most of the 300,000 vehicles would be sold under the Toyota brand. But he said no decision had been made and declined to identify the other automakers.
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