BMW Group and Toyota Motor Corporation Deepen Collaboration by Signing Binding Agreements
Fuel Cell System, Sports Vehicle, Lightweight Technology and Lithium-air Battery Collaboration to Commence
Munich. BMW Group and Toyota Motor Corporation (TMC) are posterior their successful vital long-term team-work in a margin of tolerable mobility currently by signing contracting agreements directed during long-term partnership between a dual companies for a corner growth of a fuel dungeon system, corner growth of design and components for a sports vehicle, and corner investigate and growth of lightweight technologies. These agreements follow a chit of bargain sealed in Jun 2012.
Furthermore, BMW Group and TMC also currently sealed a contracting agreement to embark collaborative investigate on lithium-air batteries, a post-lithium-battery solution. This agreement outlines a second proviso of collaborative investigate into next-generation lithium-ion battery cells that commenced in Mar 2012.
The categorical points of a agreements are:
1. Fuel dungeon system
– The companies are assured that fuel dungeon record is one of a solutions required to grasp 0 emissions. BMW Group and TMC are to share their technologies and to jointly rise a elemental fuel-cell car system, including not usually a fuel dungeon smoke-stack and system, though also a hydrogen tank, engine and battery, aiming for execution in 2020.
– The companies are to mix in jointly building codes and standards for a hydrogen infrastructure that are required for a popularization of fuel dungeon vehicles.
2. Sports vehicle
– The companies concluded to set-up a feasibility investigate to conclude a corner height judgment for a mid-size sports car that is to be finished by a finish of 2013. The dual companies aim to mix any other’s record and believe during a high turn to maximize patron satisfaction. Both companies are to share a prophesy to serve mix in a margin of sports car development.
3. Lightweight technology
The companies are to jointly rise lightweight technologies for car bodies regulating cutting-edge materials such as reinforced composites, with an eye to implement these technologies in team-work on a corner growth of a sports-vehicle height as good as other BMW and TMC vehicles.
4. Post-lithium-battery technology
The companies are to start corner investigate with a idea to rise a lithium-air battery with appetite firmness severely surpassing that of stream lithium-ion batteries.
Norbert Reithofer, Chairman of a Board of Management of BMW AG said: “TMC and a BMW Group share a same vital prophesy of destiny tolerable mobility. In light of a technological changes ahead, a whole automotive attention faces extensive challenges, that we also courtesy as an opportunity. This partnership is an critical building retard in gripping both companies on a successful march in a future.”
Akio Toyoda, President of TMC said: “It is only over a year given we sealed a collaborative MoU, and with any day as a attribute strengthens, we feel acutely that we are creation indifferent progress. Now, we are entering a proviso that promises a fruit. While fixation significance on what we learn from a corner development, we will work tough together in reaching a common idea of creation ever-better cars.”
BMW Group and TMC initial concluded to form a medium-to-long-term collaborative attribute for building next-generation environment-friendly vehicles and technologies in Dec 2011, during that time a dual companies also sealed a agreement underneath that BMW Group is to supply rarely fit diesel engines to Toyota Motor Europe. BMW Group and TMC ― as long-term vital partners ― have given continued their corner efforts to comprehend tolerable mobility for a future.
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BMW Group Corporate Communications
Micaela Sandstede, Business and Finance Communications
Telephone: +49 89 382-35617, Fax: +49 89 382-35617, [email protected]
Alexander Bilgeri, Head of Business, Finance and Sustainability Communications
Telephone: +49 89 382-24544, Fax+49 89 382-24418, [email protected]
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The BMW Group is one of a many successful manufacturers of automobiles and motorcycles in a universe with a BMW, MINI, Husqvarna Motorcycles and Rolls-Royce brands. As a tellurian company, a BMW Group operates 29 prolongation and public comforts in 14 countries and has a tellurian sales network in some-more than 140 countries.
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