Uncategorized no image

Published on March 31st, 2012 | by Daniel Sherman Fernandez


Toyota and BMW Forged An Alliance For Hybrid Batteries

Toyota is currently the leader in hybrid technology and sales globally but lacks the ability to move strongly into the luxury diesel segment. BMW is working fast to get a lead in Europe with its luxury hybrids which it is losing ground to its German competitors. This has ‘pushed’ Toyota Motor Corporation and BMW AG to forge a technical alliance where they have begun joint research into next-generation batteries to power cleaner vehicles. The two automakers will try to increase the performance and capacity of lithium ion batteries with new combinations of materials. In addition to the research cooperation, BMW will supply Toyota’s European unit with diesel engines starting in 2014. The alliance allows Toyota, Asia’s largest carmaker, to expand its European lineup of diesel-powered vehicles.

For BMW, the partnership allows the company to team up with the biggest producer of hybrid vehicles, as it seeks to fend off Audi, which aims to take the luxury-car sales lead. The cooperation plans were originally announced Dec. 1, 2011. The two companies signed an agreement formalizing that memorandum of understanding just last week.

About the Author

www.dsf.my is a service to the public and other website owners. www.dsf.my is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the site www.dsf.my. While the information contained within the site is periodically updated, no guarantee is given that the information provided in this website is correct, complete, and up-to-date. www.dsf.my is not responsible for the accuracy or content of information contained inside.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑