An agreement has been reached between Ford Motor Co. and Toyota Motor Corp. for the joint development of hybrid technology for light trucks. The next step after the memorandum of understanding is inked would be the signing of the formal deal next year. The rear-wheel drive SUVs of Ford and Toyota will receive the new hybrid system first.
It will be used on light trucks later in the decade. Ford and Toyota will also be collaborating to develop next-generation telematics and other in-vehicle Internet-based services.
Derrick Kuzak, Ford's vice president of product development, said that the two global leaders’ capabilities will be brought together to “develop a better solution more quickly,” a move that will also make the system more affordable to its customers.
Kuzak reveals that the work will be done at the research facilities of the two companies in various countries. He said that so far, these are the only cooperation plans and there are no current plans for the cooperation to deepen.
The financial details were not revealed and the specific models that are covered by the cooperation were also not identified.
According to Takeshi Uchiyamada, a Toyota executive vice president, the automaker will be even more competitive in the production of “great cars.” He said that Toyota anticipates the creation of “exciting and socially beneficial technologies” with Ford, a goal that he believes could be achieved based on the experience of the two companies. He said that with these capabilities, Ford and Toyota will be able to come up with a “synergy effect in hybrid technology and in telematics.”
When it comes to hybrid technology, Ford has long been one of the forerunners. This is in addition to leading the industry when it comes to trucks and sport-utility vehicles. As such, Toyota revealed that it is more than honoured to start a partnership with Ford. The world is already starting to transform given the advances in communications and information technology. Automobiles need to keep up with this progress and thus Toyota reveals that it needs to determine how to make sure that cars maintain their societal value in the current century.
In particular, both communications and information technology will have a large part to play in future transport as vehicles may eventually be no longer the self-contained units that they are. Instead, vehicles will become part of a bigger interaction in relation to other vehicles as well as the entire transport infrastructure.
Toyota believes that cars will play a new role in everyday life and that they will be the partners for people to attain a more fulfilling lifestyle. The groundwork for these different changes is known as telematics technologies and Toyota has long been able to commercialize a number of these technologies in preparation for the transformation that is in telematics. In 1998 for example, Toyota launched Gazoo which is an automotive portal site. By 2002, Toyota started to offer its G-Book telematics service. For the U.S. market in particular, the company launched its easy-to-use and accessible Entune. Through its experience and knowledge, the company wants to deliver better telematics services moving forward.
For the future, electric vehicles and plug-in hybrid vehicles will become connected to the energy infrastructure and home energy systems. This will increase the total energy efficiency and result in motoring lifestyle becoming more satisfying. In fact, Ford has been creating telematics systems for this very same purpose. As such, with Toyota being able to share its knowledge, the two companies will be able to change what is considered a dream into a reality. Toyota shared that in partnership with Ford, it hopes to build technologies that are both exciting and will benefit society. This is possible since the two companies have the needed experience between them to build an interaction between telematics and hybrid technology.
The two will also ensure that they will continue the practice of making great cars and their competitive nature will make sure that customers will experience the maximum benefits. Hopefully this partnership between Ford and Toyota will prove to be beneficial to the U.S. as it will also start a new page in the automobile history. According to Toyota Motor Corporation Executive Vice President Takeshi Uchiyamada, as an engineer, he will be more than happy to see this collaboration reach those goals. There are still a lot of details that need to be worked out but the company will reveal these in the future, he added. Until that time, he continued, the company is thankful for the understanding and interest.