LeasePlan Corporation has announced a new partnership with Toyota Motor Europe, which aims to bring corporate fleet clients the latest innovation in plug-in hybrid electric vehicles.

Under the terms of the relationship, Toyota Europe will share with LeasePlan its expertise in alternative powertrains including the recent insights gained from a trial with more than 600 pre-production Prius Plug-In Hybrid vehicles in the world, 200 in Europe, over a three-year period.

Meanwhile, LeasePlan will bring Toyota its expertise of managing 1.3 million vehicles and one of the largest corporate fleet portfolios worldwide, giving it the opportunity to increase the visibility of its upcoming Prius Plug-In Hybrid prior to its commercialisation in 2012.

By combining the strengths and the visions of the two companies, LeasePlan aims to offer its corporate fleet clients additional solutions that help improve the operational and environmental performance of their fleets.

“We are excited to enter into this new partnership with Toyota in connection with the new Prius Plug-In Hybrid,” said Vahid Daemi, chairman of the managing board and CEO of LeasePlan.

“For many years we have worked with our clients on improving both operational and environmental fleet performance. It is partnerships such as these that help us continue to meet the needs of our clients and, at the same time, further support our ambitions in this area.”