Toyota and Ford are collaborating on an important new initiative that promises to benefit truck and SUV drivers worldwide. Specifically, the two auto giants are planning to co-develop an all-new, rear-wheel drive hybrid system.

Fantastic, right? We think so. Especially given the two companies have such complementary knowledge bases. Yes, Toyota knows trucks and SUVs. But, what they really know is hybrid technology. After all, they've been pioneering the segment for a decade, now…