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

  • Dynamic Message Signs : Don’t replace, refurbish and upgrade
    August 12, 2015
    Refurbishing old dynamic message signs can save money and increase technical capabilities as David Crawford discovers. Evidence is growing on both sides of the Atlantic of the scope for retrofitting old or technically out-of-date dynamic message signs (DMS) with new electronic equipment, to save on the costs of installing full-scale replacements. In the last four months of 2014, a number of US states progressed programmes that achieved savings of more than US$1.75 million (€1.56million).
    Read More
  • San Diego: Let there be (street)light
    March 30, 2020
    The influence of intelligent streetlights is spreading. David Crawford finds that San Diego’s deployment – and attendant legislation – may offer a blueprint for other cities going forward
    Read More
  • Land of ITS opportunities
    February 2, 2012
    Geographically, Russia, the largest country in the world, is vast. So too are the opportunities for the global ITS community, which is why ITS Russia has been actively promoting the country and the opportunities that abound there. ITS Russia is reaching out around the world. In October, at the 17th ITS World Congress in Busan, South Korea, a cooperative agreement was signed with ITS America to promote and strengthen research, educational, and commercial cooperation in the ITS field among the two association
    Read More
  • Land of ITS opportunities
    February 6, 2012
    Geographically, Russia, the largest country in the world, is vast. So too are the opportunities for the global ITS community, which is why ITS Russia has been actively promoting the country and the opportunities that abound there
    Read More

Highlighted Content