The long-term collaboration between Toyota Motor Corporation (TMC) and BMW Group for fuel-cell technology development between Toyota Motor Corporation (TMC) and BMW Group has been strengthened by both parties signing binding agreements.
The primary focus of this collaboration centres on a successor to the widely applied lithium-ion battery packs we see in a variety of current hybrids and EVs, namely a lithium-air system with a far greater energy density.
While the lithium-air technology, along with a fuel-cell (hydrogen hybrid) system may be exciting stuff, it’s the other developments forming part of the collaboration that are bound to generate some interest in motoring circles.
Both companies have agreed to set up a feasibility study for the joint-development of a platform for mid-sized sports vehicle. The study, which should be completed by the end of 2013 will reportedly be the first step towards further collaboration between the two firms in the field of sportscar development. This particular area of the study will also encompass research into lightweight, more rigid construction materials.
Norbert Reithofer, Chairman of the Board of Management of BMW AG said: “TMC and the BMW Group share the same strategic vision of future sustainable mobility. In light of the technological changes ahead, the entire automotive industry faces tremendous challenges, which we also regard as an opportunity. This collaboration is an important building block in keeping both companies on a successful course in the future.”
Akio Toyoda, President of TMC said: “It is just over a year since we signed our collaborative MoU, and with each day as our relationship strengthens, we feel acutely that we are making steadfast progress. Now, we are entering the phase that promises the fruit. While placing importance on what we learn from the joint development, we will work hard together in reaching our common goal of making ever-better cars.”