Two years ago, Ford and Toyota confirmed their intention to develop together new rear-wheel-drive hybrid systems for use in full-size pickup trucks and SUVs. Since then, the two automakers have been conducting a feasibility study for the project and have come to the understanding that it will be better to develop the new hybrid systems individually.
The two will continue to evaluate the feasibility of working together on next-generation standards for telematics and Internet services, which was also outlined in the original announcement, and both are open to future collaborations.
It should be noted that Toyota has also partnered with BMW in the area of green technology during the past two years and this is sure to have weighed in on the Japanese automaker’s decision to end its partnership with Ford Motor Company [NYSE:F].
BMW has already launched several rear-wheel-drive hybrid systems including V-8 and six-cylinder applications, though they were developed in-house, starting with a first generation jointly developed with Mercedes-Benz.
Toyota remains on track to offer 18 new or redesigned hybrid models globally by the end of 2015 though it looks like it won’t have a full hybrid lineup by 2020 as it had previously predicted.
Ford, meanwhile, has confirmed that it will have its own rear-wheel-drive hybrid system ready by the end of the decade. The automaker has revealed the system will be based on an all-new architecture to deliver the capability truck and SUV customers demand while providing greater fuel economy.