Toyota Motors is expanding a tie-up with Germany\'s BMW
Toyota Motors is expanding a tie-up with Germany\'s BMW on hybrid and fuel-cell vehicle technology as the global automakers push further into the \"green\" market, a report said on Monday.
The two firms\'
top executives will announce in Germany this week that they are boosting a previously announced agreement involving joint research on next-generation lithium ion batteries, the Nikkei business daily said.
The initial tie-up involved technology for electric cars, and the broadened deal will focus on batteries for hybrid gasoline-electric and fuel-cell vehicles, it said.
It marks the first time that Japan\'s top automaker will supply its fuel-cell technology, which relies on hydrogen to supply a vehicle\'s battery, to a rival, it said.
Toyota did not immediately respond to requests to confirm the report.
BMW, meanwhile, will provide its expertise on light car bodies made from carbon fibre to Toyota, as cutting a car\'s weight leads to better fuel efficiency, the Nikkei said.
Under the earlier deal announced last year, the German automaker also agreed to provide diesel engines for Toyota as the Japanese firm looks to boost sales in Europe, where more than half of passenger cars are diesel powered.
Demand for lower-emission diesel vehicles is forecast to grow, with further technological advances in the field seen as crucial due to toughening vehicle emissions standards.
GMT 15:07 2018 Thursday ,18 January
General Motors continues to lead the discussion on smart, cleanGMT 13:18 2018 Tuesday ,16 January
Emirates Auction launches the first online auctionGMT 08:18 2018 Tuesday ,16 January
Volkswagen reports record global car salesGMT 11:02 2018 Friday ,12 January
Pickups, SUVs in spotlight at 2018 Detroit auto showGMT 10:05 2018 Wednesday ,10 January
France to cut highway speed limitsGMT 10:28 2018 Friday ,05 January
Last year's German car sales highest since 2010GMT 02:43 2017 Thursday ,28 December
China's Geely takes 2.7-bn euro stakeGMT 11:06 2017 Tuesday ,19 December
New generation Mazda A6 launched in glittering ceremonyMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©