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

  • Chinese companies to invest in Nigerian smart city
    November 24, 2015
    Following discussions between China’s Henan province commissioner Jiao Jinmiao and Nigerian Cross River State Governor Ben Ayade, Chinese firm Henan International Cooperation Group is set to invest in major construction projects in Nigeria.
    Read More
  • Here Technologies launches safety suite for BMW drivers
    January 5, 2018
    To improve driver and passenger safety in BMW vehicles, Here Technologies (Here) will deliver a cloud-based suite which provides information on potential road hazards, accidents and extreme weather events, such as slippery roads and reduced visibility. It will be integrated into production models beginning in mid-2018 and will be available to users across North America and Europe. Called Here Safety Services Suite, the system aggregates real-time, rich sensor data generated by cars of different brands.
    Read More
  • BMW and Schneider Electric partner on recharging project
    January 22, 2013
    German vehicle manufacturer BMW, through its brand BMWi, is continuing its strategy of electro-mobility based on the needs of the customer by forming a partnership with French electrical equipment and energy management specialist Schneider Electric to create a recharging system for electric vehicles. The agreement includes supply and installation of a wall-mounted recharging station for the BMWi3 and BMWi8, maintenance and other services, which will enable drivers to recharge the vehicle in their own garage
    Read More
  • Hamburg and Volkswagen agree strategic mobility partnership
    August 30, 2016
    The German city of Hamburg and the Volkswagen Group are to collaborate over the next three years to jointly develop innovative solutions for making urban mobility more environmentally-friendly, safer, more reliable and more efficient. For Volkswagen the partnership is another step in its new Together 2025 strategy, for Hamburg it represents an important step in its strategy to develop intelligent transport systems and support its application to host the 2021 ITS World Congress.
    Read More

Highlighted Content