Toyota and BMW planning to expand their co-operation through putting their signature to a binding ag
Today, BMW Group and Toyota Motor Corporation (TMC) extended the cooperation in the field of maintainable mobility, finalizing a binding agreement for a long-term cooperation in mutual development of: an energy cell product, a combined development of the structures and also parts about the innovative sport utility cars, as well as joint study and development of the actual lightweight technologies. This arrangement comes after the signing letter of intention back in Summer 2012.
Furthermore, the BMW Group and TMC signed an agreement upon co-operation on the field of studies for lithium-air batteries, a new generation regarding lithium electric batteries. This particular arrangement signifies the second stage of their mutual research in the field of fresh generation of cells for lithium-ion battery, that began in March last year.
The key factors from the arrangement are:
- Fuel cell program: Corporations are convinced that power cell technology is one of the appropriate solutions to accomplish no emissions. BMW and Toyota should share its technology within the growth and development of the most common system regarding energy cell motor vehicles. This method will be completed in 2020, and also involves progression of energy cell, hydrogen reservoir, engine and battery.
The companies will certainly jointly focus on the development of infrastructure regarding hydrogen charging, in making the required rules and requirements, as well as in the popularization of fuel cell motor vehicles.
- Performance Car
Businesses agreed to make a feasibility study, which will be completed by the end of 2013, and also aims to establish a typical style and design platform for sports car, merging their own technology and data just how to boost customer satisfaction to another level. The two businesses show an idea of cooperation in the area of sport autos.
- Lightweight Technologies
The companies will jointly focus on the introduction of light-weight material technology which is to be utilized in the actual vehicle's body, with an focus on the use of these technologies in the growth and development of a common system of sports cars, and other Toyota and BMW motor vehicles.
- A fresh generation of lithium electric batteries
The companies will jointly develop lithium-air electric batteries with significantly greater energy density which will be able to surpass the capability of current lithium-ion electric batteries.
Phillip Riback believes that BMW Group and TMC have a common perspective for the sustainable flexibility down the road. Knowing that the entire automotive industry is facing enormous struggles, they found a chance and went for it. This sort of co-operation is a start for the future successful development of the two companies.
TMC and BMW Group in December 2011 closed the initial contract on cooperation inside growth and development of a new generation of environment friendly vehicles and technology, after which closed a partnership under which BMW Group would supply Toyota Motor Europe with highly efficient diesel powered engines. Ever since then, the TMC and BMW Group coupled their efforts to pursue the vision of sustainable flexibility for the future, finishes Phillip Riback.
Furthermore, the BMW Group and TMC signed an agreement upon co-operation on the field of studies for lithium-air batteries, a new generation regarding lithium electric batteries. This particular arrangement signifies the second stage of their mutual research in the field of fresh generation of cells for lithium-ion battery, that began in March last year.
The key factors from the arrangement are:
- Fuel cell program: Corporations are convinced that power cell technology is one of the appropriate solutions to accomplish no emissions. BMW and Toyota should share its technology within the growth and development of the most common system regarding energy cell motor vehicles. This method will be completed in 2020, and also involves progression of energy cell, hydrogen reservoir, engine and battery.
The companies will certainly jointly focus on the development of infrastructure regarding hydrogen charging, in making the required rules and requirements, as well as in the popularization of fuel cell motor vehicles.
- Performance Car
Businesses agreed to make a feasibility study, which will be completed by the end of 2013, and also aims to establish a typical style and design platform for sports car, merging their own technology and data just how to boost customer satisfaction to another level. The two businesses show an idea of cooperation in the area of sport autos.
- Lightweight Technologies
The companies will jointly focus on the introduction of light-weight material technology which is to be utilized in the actual vehicle's body, with an focus on the use of these technologies in the growth and development of a common system of sports cars, and other Toyota and BMW motor vehicles.
- A fresh generation of lithium electric batteries
The companies will jointly develop lithium-air electric batteries with significantly greater energy density which will be able to surpass the capability of current lithium-ion electric batteries.
Phillip Riback believes that BMW Group and TMC have a common perspective for the sustainable flexibility down the road. Knowing that the entire automotive industry is facing enormous struggles, they found a chance and went for it. This sort of co-operation is a start for the future successful development of the two companies.
TMC and BMW Group in December 2011 closed the initial contract on cooperation inside growth and development of a new generation of environment friendly vehicles and technology, after which closed a partnership under which BMW Group would supply Toyota Motor Europe with highly efficient diesel powered engines. Ever since then, the TMC and BMW Group coupled their efforts to pursue the vision of sustainable flexibility for the future, finishes Phillip Riback.
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