Hi MTd2,But this is actually good, because it is much easier for China to come up with something good to offer ASML than to achieve self reliance, which is pretty much aimed right now. In any case, even USA is not capable of self reliance, much less Japan, not Taiwan. By doing so, it can undermine USA power by isolating it from Europe and others.
Hybrids are bit of a bust. Expensive to manufacture and offer minimal fuel savings. It is in inner city traffic where they are most viable but electrics are even better in such driving regimes. Electrics are way easier to manufacture. Much less parts and no need to rely on petroleum imports. Plug-in hybrids do have a niche market in that electric vehicles are a PITA on longer distance travel and in short range trips you can go electric. But like I said still a lot more expensive to manufacture. You basically need two power trains in the same vehicle....
Toyota reportedly to offer hybrid technology to Chinese automakers
In an effort to expand the market for hybrid cars in China, Toyota has offered specific patented technologies free of charge since the spring of 2019. But that did not lead to a major shift to hybrid models, due in part to the difficulty of making them locally. This prompted calls for Toyota to make the entire hybrid system available to other manufacturers.
Toyota's market share in China remains around 6%, even after it sold a record 1.62 million vehicles last year. It sought to lift sales with the release of an electric vehicle this year but sold fewer than 2,000 in the first eight months.
The move is the latest by the Japanese carmaker to try to expand in China.
In March, Reuters reported that Toyota and its partner FAW Group plan to build a new electric vehicle plant in Tianjin with a planned investment of about 8.5 billion yuan (about $1.22 billion).
Documents showed that the plant will have a manufacturing capacity of 200,000 new energy vehicles each year. In China, new energy vehicles include pure electric vehicles, hybrid vehicles and fuel cell vehicles.
Toyota declined to comment on the project but said in a statement that it views China as one of its most important global markets and is constantly considering implementing various measures in China to meet the needs of developing business in China.
In June, Toyota announced that in order to popularize hydrogen fuel cell vehicles (FCEVs) in China, it has joined forces with five Chinese companies to establish a commercial vehicle a fuel cell system development company.
The five Chinese companies are China FAW, Dongfeng Motor Group, Guangzhou Automobile Group Co. Ltd., Beijing Automotive Group Co. Ltd. and Beijing Sino Hytec.
The new company is called United Fuel Cell System Research and Development (Beijing) Co. Jointly funded by the companies, it is expected to be formally established in Beijing within 2020.