BMW Group and TMC Sign Lithium-ion Battery Collaborative Research Agreement

27.03.2012
BMW Group and TMC

BMW Group and TMC Sign Lithium-ion Battery
Collaborative Research Agreement

Tokyo/Munich. BMW Group and Toyota Motor Corporation (TMC) announce that they have signed an agreement on collaborative research in the field of next-generation lithium-ion battery cells and have begun said research. The agreement follows the memorandum of understanding concerning a mid-to-long-term collaboration on next-generation environment-friendly vehicles and technologies announced by the two companies on December 1, 2011.

The research project being undertaken under the agreement is focusing on increasing the performance and capacity of lithium-ion battery cells through the use of new combinations of materials for cathodes, anodes and electrolytes.

In addition to the collaborative research agreement between BMW Group and TMC, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW Group entered into a contract—also announced on December 1, 2011—under which BMW Group is to supply highly efficient 1.6 liter and 2.0 liter diesel engines to TME starting in 2014.

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If you have any queries, please contact:

Corporate Communications

Micaela Sandstede, Business and Finance Communications BMW Group
Micaela.Sandstede@bmw.de
Telephone: +49 89 382-61611, Fax: +49 89 382-24418

Miki Kurosu, Corporate Communications BMW Japan
Miki.Kurosu@bmw.co.jp
Telephone: +81-3-6259-8020

Media website: www.press.bmwgroup.com
Email: presse@bmw.de

Toyota Motor Corporation

Media from the Americas, Europe or Africa: +81-3-3817-9926/9161
Media from Asia, Oceania or the Middle East: +81-3-3817-9182/9174

The BMW Group
The BMW Group is one of the most successful manufacturers of automobiles and motorcycles in the world with its BMW, MINI, Husqvarna Motorcycles and Rolls-Royce brands. As a global company, the BMW Group operates 25 production and assembly facilities in 14 countries and has a global sales network in more than 140 countries.

In 2011, the BMW Group sold about1.67 million cars and more than 113,000 motorcycles worldwide. The profit before tax for the financial year 2011 was euro 7.38 billion on revenues amounting to euro 68.82 billion. At 31 December 2011, the BMW Group had a workforce of approximately 100,000 employees.

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