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Toyota to expand eco-friendly tie-up with BMW

This file photo shows a lithium-ion battery, installed under the trunk space of a Toyota Motors’ Prius plug-in hybrid vehicle cut-model during a in Tokyo, in 2009. Toyota is expanding a tie-up with Germany’s BMW on hybrid and fuel-cell vehicle technology as the global automakers push further into the “green” market, a report said on Monday.
Toyota Motor is expanding a tie-up with Germany’s BMW on hybrid and fuel-cell vehicle technology as the global automakers push further into the “green” market, a report said on Monday.
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The two firms’ top executives will announce in Germany this week that they are boosting a previously announced agreement involving joint research on next-generation lithium ion batteries, the Nikkei business daily said.
The initial tie-up involved technology for electric cars, and the broadened deal will focus on batteries for hybrid gasoline-electric and fuel-cell vehicles, it said.
It marks the first time that Japan’s top automaker will supply its fuel-cell technology, which relies on hydrogen to supply a vehicle’s battery, to a rival, it said.
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