Reports suggest that Toyota might be extending its hand for a collaboration with Chinese automaker Geely in order to work on the development of gasoline-electric hybrid powertrains for their upcoming models.

This move is likely directed towards the enhancement of Toyota’s sales and its market reach in the world’s biggest auto market, China. Additionally, the company has also lately been focussing on adapting new automotive technologies in order to future-proof its models and have a better traction in the industry.

This move is likely directed towards the enhancement of Toyota's sales and its market reach in the world's biggest auto market, China

Talking to a leading news agency, Toyota stated that it was currently “communicating” with Geely about gasoline-electric hybrid technology. However, it is not clear as to which aspects of the hybrid technology would be covered in the partnership.

Sources at the company stated about the involvement of a Chinese supplier of electric battery technology that both Toyota and Geely have been earlier been associated with in the past, Automotive News reported.

Sources at the company stated about the involvement of a Chinese supplier of electric battery technology that both Toyota and Geely have been earlier been associated with in the past

An official statement issued by the company said “Toyota has been conducting the business with an open policy which also applies to the area of electrification technologies. The relationship with Geely (Toyota is exploring) is also based on this open policy,”

Toyota which stands as one of the pioneers of the electric-gasoline hybrid engines started selling the Prius in the late 1990s. The company has since localized the production of traditional hybrid cars in China under the nameplate of Corolla and Levin which have been on sale since 2015.

The article was adapted from an article at Nikkei Asian Review, which you can find here.