BMW and Toyota to strengthen collaboration

Akio Toyoda, president of Toyota Motor Corporation (TMC), and Norbert Reithofer, chairman of the BMW, have announced the planned expansion of their existing cooperation initiated in December last year. The two companies signed a memorandum of understanding (MoU) aimed at a long-term strategic collaboration in four fields: joint development of a fuel cell system, joint development of architecture and components for a future sports vehicle, collaboration on powertrain electrification and joint research and de
July 3, 2012 Read time: 2 mins
Akio Toyoda, president of 1686 Toyota Motor Corporation (TMC), and Norbert Reithofer, chairman of 1731 BMW, have announced the planned expansion of their existing cooperation initiated in December last year. The two companies signed a memorandum of understanding (MoU) aimed at a long-term strategic collaboration in four fields: joint development of a fuel cell system, joint development of architecture and components for a future sports vehicle, collaboration on powertrain electrification and joint research and development on lightweight technologies.

Reithofer and Toyoda also signed a joint statement to reconfirm their companies’ shared intention to strengthen the long-term, strategic collaboration between them.

In March 2012, the BMW Group and TMC signed a binding agreement on collaborative research in the field of next-generation lithium-ion battery cells. In addition, the BMW Group and Toyota Motor Europe entered into a contract in December last year, under which the BMW Group will supply highly efficient 1.6 litre and 2.0 litre diesel engines to Toyota Motor Europe starting in 2014.

This latest MoU represents the companies’ agreement in December last year to identify and discuss other possible collaborative projects.

For more information on companies in this article

Related Content

  • Communications for cooperative infrastructures and safety
    February 2, 2012
    Scott Andrews of Cogenia Partners, LLC details the findings of the VII Proof Of Concept work carried out to verify the effectiveness of 5.9GHz-based communication for future US cooperative infrastructures
    Read More
  • Autodesk and Pitney Bowes Software announce strategic alliance
    March 22, 2012
    Autodesk and Pitney Bowes Software have entered into a strategic alliance agreement that will serve as a framework for both companies to provide resources, services and solutions to help infrastructure owners and architecture, engineering and construction (AEC) organisations make more informed decisions and drive greater efficiencies across the plan, design, build, manage lifecycle of infrastructure.
    Read More
  • USDoT looks at the costs and potential benefits of connected vehicles
    October 26, 2017
    David Crawford looks at latest lessons learned from the trials of connected vehicles in the US. The progress of connected vehicle (CV) technologies takes centre stage among the hot topics highlighted in the September 2017 edition – the first since 2014 – of the ‘ITS Benefits, Costs and Lessons Learned’ survey from the US ITS Joint Program Office (JPO). The organisation is an arm of the US Department of Transportation (USDoT).
    Read More
  • Tri-nation cooperation on C-ITS Corridor
    June 20, 2016
    In the European C-ITS Corridor project, authorities from three countries are working with the automotive industry on the deployment of Cooperative (V2X) Systems. Cooperative Intelligent Transport Systems/Services (C-ITS) has the potential to improve road safety, transport efficiency and environmentally friendly mobility, as well as creating additional services and new business models. A set of international standards have been developed to provide the technical basis for the deployment of Cooperative ITS.
    Read More

Highlighted Content