BMW Group and Toyota Sign Lithium-ion Battery Collaborative Research Agreement
March 27 2012 - 9:54AM
JCN Newswire (English)
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.
About Toyota
Supported by people around the world, Toyota Motor Corporation
(TSE:7203; NYSE:TM), has endeavored since its establishment in 1937
to serve society by creating better products. As of the end of
March 2011, Toyota conducts its business worldwide with 50 overseas
manufacturing companies in 26 countries and regions. Toyota's
vehicles are sold in more than 170 countries and regions. Toyota's
vehicles are sold in more than 170 countries and regions. For more
information, please visit www.toyota-global.com.
Source: Toyota
Contact:
Toyota Motor Corporation
Corporate Communications Department
Public Affairs Division
Tel: +81-3-3817-9150
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