BMW and Toyota Work Together

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Fuel Cell System, Sports Vehicle, Lightweight Technology and  Lithium-air Battery Collaboration to Commence

Munich. BMW Group and Toyota Motor Corporation (TMC)  are pursuing their successful strategic long-term cooperation in the  field of sustainable mobility today by signing binding agreements  aimed at long-term collaboration between the two companies for the  joint development of a fuel cell system, joint development of  architecture and components for a sports vehicle, and joint research  and development of lightweight technologies. These agreements follow a  memorandum of understanding signed in June 2012.

Furthermore, BMW Group and TMC also today signed a binding agreement  to commence collaborative research on lithium-air batteries, a  post-lithium-battery solution. This agreement marks the second phase  of collaborative research into next-generation lithium-ion battery  cells that commenced in March 2012.

The main points of the agreements are:

1. Fuel cell system

  • The companies are convinced that fuel cell technology is one of the  solutions necessary to achieve zero emissions. BMW Group and TMC are  to share their technologies and to jointly develop a fundamental  fuel-cell vehicle system, including not only a fuel cell stack and  system, but also a hydrogen tank, motor and battery, aiming for  completion in 2020.
  • The companies are to collaborate in jointly developing codes and  standards for the hydrogen infrastructure which are necessary for the  popularization of fuel cell vehicles.

2. Sports vehicle

– The companies agreed to set-up a feasibility study to define a  joint platform concept for a mid-size sports vehicle that is to be  completed by the end of 2013. The two companies aim to combine each  other’s technology and knowledge at a high level to maximise customer  satisfaction. Both companies are to share the vision to further  collaborate in the field of sports vehicle development.

3. Lightweight technology

The companies are to jointly develop lightweight technologies for  vehicle bodies using cutting-edge materials such as reinforced  composites, with an eye to utilize these technologies in cooperation  on the joint development of a sports-vehicle platform as well as other  BMW and TMC vehicles.

4. Post-lithium-battery technology

The companies are to begin joint research with a goal to develop a  lithium-air battery with energy density greatly exceeding that of  current lithium-ion batteries.

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.”

BMW Group and TMC first agreed to form a medium-to-long-term  collaborative relationship for developing next-generation  environment-friendly vehicles and technologies in December 2011, at  which time the two companies also signed a contract under which BMW  Group is to supply highly efficient diesel engines to Toyota Motor  Europe. BMW Group and TMC ― as long-term strategic partners ― have  since continued their joint efforts to realize sustainable mobility  for the future.

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