25 Jun '12, 7am

Reports: Toyota and BMW to expand partnership on fuel-efficient vehicles, with Toyota providing hybrid and fuel

Reports: Toyota and BMW to expand partnership on fuel-efficient vehicles, with Toyota providing hybrid and fuel cell technology to BMW 25 June 2012 The Nikkei reported that Toyota Motor Corp. and BMW will expand their partnership, one aspect of which will be Toyota providing hybrid systems and fuel cell technology to BMW. Kyodo News also reported the same, attributing it to “Toyota sources”. The Nikkei report followed a story in German newsmagazine Der Spiegel on the likelihood of an expanded partnership between the two companies. The Nikkei reported that Toyota President Akio Toyoda and BMW Chief Executive Officer Norbert Reithofer will make an announcement this week. In December 2011, the two companies had agreed to a mid-to-long-term collaboration on next-generation environment-friendly technologies including Li-ion batteries. (Earlier post .) In March 2012, the two sig...

Full article: http://www.greencarcongress.com/2012/06/tmcbmw-20120625.html

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