Bmw, Toyota announce collaboration on next-generation environment-friendly technologies

Article by Christian A., on December 1, 2011

Toyota Motor Corporation and BMW Group revealed that they have entered into a memorandum of understanding with regards to a partnership on a mid-to-long term basis on developing the next generation of technologies that are environment friendly. Specifically, the two automakers will undergo shared research in the area related to lithium-ion battery.

In addition, the two have also agreed that they will discuss and identify potential collaborative undertakings in the future. President Akio Toyoda, representing Toyota Motor, shared that Toyota is excited to enter into this agreement with BMW as the latter has long been known to create fun-to-drive cars as well as having its own culture and history through many years of manufacturing experience in Europe.

He added by saying that in the spirit of not only advancing development in the auto industry but of society as well, the two companies will utilize their wide experience and bring it to the table in order to create better cars. This undertaking will start with the development of technologies that are friendly to the environment.

Meanwhile, BMW AG’s Chairman of the Board of Management Norbert Reithofer remarked that while the company has been known to make the most sustainable and advanced premium cars, Toyota has long been recognized to offer environment friendly technologies in the volume segment series.

With this agreement, he continued, the two companies will be jointly developing such technology while at the same time expanding their leadership in their particular classes when it comes to innovation.

The company has long planned to expand the sales activities for its powertrain system and engines and to supply Toyota with the brand’s dynamic and fuel efficient diesel engines as a significant step in attaining that end, Reithofer added. Aside from this agreement, Toyota Motor’s subsidiary in Europe, Toyota Motor Europe, also entered into a contract with BMW.

Under this arrangement, BMW, starting in 2014, will be supplying Toyota Europe with the 1.6-liter diesel engine and the 2.0-liter diesel engine. These engines are to be fitted inside selected models from Toyota that are to be sold in the European market.

With this, Toyota hopes that it will be able to expand its line-up in Europe as well as be able to sell diesel-powered cars that are both fuel efficient and that display low CO2 emissions.

Press Release

BMW Group And Toyota Agree To Mid-To-Long-Term Research Collaboration In Environment-Friendly Technologies

BMW Group (BMW) and Toyota Motor Corporation (TMC) announce that they today signed a memorandum of understanding (MOU) concerning a mid-to-long-term collaboration on next-generation environment-friendly technologies.

Under the MOU, the two companies agreed on a collaborative research in the field of next-generation lithium-ion battery technologies. Furthermore, they have agreed to identify and discuss other possible collaborative projects.

In addition, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW have entered into a contract under which BMW is to supply 1.6 litre and 2.0 litre diesel engines to TME starting in 2014. The engines will be installed in certain Toyota-produced vehicles planned for sale in the European market. Through this agreement, Toyota plans to expand its European lineup and sales of fuel-efficient, low CO2-emission diesel-powered vehicles.

Marking the announcement, Norbert Reithofer, Chairman of the Board of Management of BMW AG, said: "Toyota is the leading provider of environment-friendly series technology in the volume segment and the BMW Group is the most innovative and sustainable manufacturer of premium automobiles. We are now joining forces to further develop environment-friendly technologies and to expand our innovation leadership in each of our segments. Supplying Toyota with our fuel efficient and dynamic diesel engines represents another important step in the planned expansion of our sales activities for engines and powertrain system."

Representing TMC, President Akio Toyoda said: "It is a great joy and a thrill to enter into this mid-to-long-term collaborative relationship with BMW, a company with its own culture and history from its many years of car manufacturing in Europe, and a company that makes cars that are fun to drive. In the spirit of contributing to furthering the development of the auto industry and society, both companies will bring their wide-ranging knowledge—starting with that concerning environmental technologies—to the table and make ever-better cars."

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