BMW and Toyota collaborate

BMW Group and Toyota Motor Corporation (TMC) have signed a memorandum of understanding (MOU) concerning a mid to long term collaboration on next-generation environmentally friendly technologies. Under the partnership, the two companies have agreed to collaborate on development of lithium-ion battery technologies and to identify and discuss other possible collaborative projects. In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW have entered into a contract under which BMW will supply
June 25, 2012 Read time: 1 min
1731 BMW Group and 1686 Toyota Motor Corporation (TMC) have signed a memorandum of understanding (MOU) concerning a mid to long term collaboration on next-generation environmentally friendly technologies. Under the partnership, the two companies have agreed to collaborate on development of lithium-ion battery technologies and to identify and discuss other possible collaborative projects.

In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW have entered into a contract under which BMW will supply 1.6 litre and 2.0 litre diesel engines to TME starting in 2014. The engines will be installed in certain Toyota produced vehicles planned for sale in the European market. Through this agreement, Toyota plans to expand its European line up and sales of fuel-efficient, low emission diesel-powered vehicles.

For more information on companies in this article

Related Content

  • UK firms challenged to cut freight emissions
    September 22, 2017
    UK companies are urged to compete for up to US$20 million (£15 million) of funding to develop technology to reduce harmful emissions from freight. Roads Minister Jesse Norman has called on businesses to lead research into low emission technology for lorries, as well as cars and vans. The projects could see materials which make vehicles lighter, or improve the efficiency of engines or batteries, he says.
    Read More
  • Continental focuses on automated truck convoys
    September 5, 2016
    Technology company Continental is developing components and systems for the series launch of the electronic towbar, or platooning, using on an interoperable internet platform, which trucks from different manufacturers and fleet operators can use to form an electronic convoy on the freeway. Braking and sensor data are transmitted wirelessly from the lead vehicle to the following vehicles.
    Read More
  • Toyota AI launches $100m fund for mobility start-ups
    May 13, 2019
    Toyota AI Ventures has announced a $100 million fund dedicated to investing in early-stage start-ups developing autonomous mobility and robotics. The company says the fund brings its total assets under management to more than $200m to invest in and support promising projects around the world. Jim Adler, managing director of Toyota AI Ventures, says: “Investing in start-ups creates long-term relationships that help Toyota explore the latest innovations in mobility.” The company looks across a range of in
    Read More
  • New riders get onboard the metabustrip
    October 5, 2016
    Bus travel booking is moving into the digital age as David Crawford discovers. A global surge in demand for intercity bus travel is fuelling new initiatives to make it easier for passengers to access information and book via the web by, fo example, using multi-sourced metasearch engines
    Read More

Highlighted Content