The turret of the vehicle was then modified, making space for the radio and other devices, with a cupola being placed on top (since the L-60 was still unfinished and lacked in many necessary features). After a series of trials in 1937 with the V-4 and the Panzer I, the MÁVAG heavy industries decided to purchase the license of theL-60, with a prototype for further development. Meanwhile, the Swedish AB Landsverk finished its recent development, the Landsverk L-60 in October, and was looking for a customer to cover the costs. The Hungarian general staff wanted a modern light tank as soon as possible, after the domestically developed V-4 turned out to be too expensive by 1936 and work on it progressed slower than expected. It was named after the 14th century Hungarian knight Miklós Toldi. The 38M Toldi was a Hungarian light tank, developed based on the Swedish Landsverk L-60.
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