28 Jan '13, 2am

Toyota, BMW To Collaborate on Batteries and Fuel Cells - EV World: EV WorldToyota, BMW To Collaborate on Batteri...

Toyota, BMW To Collaborate on Batteries and Fuel Cells - EV World: EV WorldToyota, BMW To Collaborate on Batteri...

BMW and Toyota today announced that the car companies have teamed up to develop a new fuel-cell system and the future of lithium battery technology. The companies signed binding agreements to collaborate on several projects meant to usher in future vehicle technology. “[Toyota] and the BMW Group share the same strategic vision of future sustainable mobility,” said Norbert Reithofer, chairman of the board at BMW. “In light of the technological changes ahead, the entire automotive industry faces tremendous challenges, which we also regard as an opportunity. This collaboration is an important building block in keeping both companies on a successful course in the future.”

Full article: http://evworld.com/news.cfm?newsid=29530

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