Toyota Motor Corp. will supply the hybrid technology used in the Prius to Mazda Motor Corp., enabling the Hiroshima-based automaker to produce its first hybrid sedan, the two carmakers said Monday.
Mazda will start to develop and produce a hybrid vehicle in Japan and plans to start selling the model by 2013, the companies said.
The alliance enables Mazda to avoid the expense of developing hybrid technology on its own while allowing Toyota to cut the cost of hybrid production by increasing output of hybrid parts. The partnership follows the weakening of Mazda’s 40- year-old ties to Ford Motor Co.
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