BMW and Toyota to build fuel cell system, sports car together
First diesels and batteries, then fuel cells, and now a sports car architecture. BMW and Toyota announced today that they've signed a Memorandum of Understanding (MOU) to partner together to develop a range of fuel-efficient technologies, and a sports car.
This MOU builds upon one the two companies struck in December with BMW agreeing to provide Toyota with its 1.6- and 2-liter diesel engines to sell in European vehicles starting 2014, and Toyota helping BMW develop a next generation lithium-ion battery.
Under the new, closer partnership, BMW and Toyota will work together in four areas: powertrain electrification, lightweight … Read more