The auto makers say they will continue to evaluate the feasibility of working in other areas, including telematics standards.
Ford, Toyota entered hybrid partnership in 2011.
and end an agreement to co-develop a rear-wheel-drive hybrid-electric system for SUVs and pickups.
The auto makers inked the agreement in August 2011, with a goal to jointly develop the new hybrid powertrain to mitigate costs and increase speed-to-market of new products.
In a statement,says the auto makers have agreed to develop hybrid systems individually, but will continue to evaluate the feasibility of working together on next-generation standards for telematics systems and will consider other areas of future collaboration.
says it plans to move forward on its own development of a RWD hybrid system to be launched later this decade.
“We know what it takes to build world-class hybrids, and we now will build and leverage that expertise in-house,” Raj Nair, Ford group vice president-global product development, says in a statement. “By continuing to develop a rear-wheel-drive hybrid system on our own, we can extend our advanced-hybrid technologies to new vehicle segments.”