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Toyota announced today that it is in talks with Daimler, in order to supply parts but also technology for company’s upcoming hybrid vehicles. For many of you folks, this comes as a surprise, as Daimler has been working with Bmw on hybrid development.

Daimler also formed a wide-ranging partnership with Renault-Nissan to cooperate on electric cars development. Asked about this, Toyota said that it is opened to sharing its hybrid technology with other manufacturers in order to reduce production costs.

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Toyota in talks with Daimler to supply parts and technology for hybrid cars

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