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BMW Group and Toyota Motor Expand Collaboration
Akio Toyoda, President of Toyota Motor Corporation, met today with Norbert Reithofer, Chairman of the Board of Management of BMW AG, at the BMW Group headquarters in Munich to announce the planned expansion of their existing cooperation that started last year. Continue reading
Posted in auto news, milestones, news analysis, people, transportation
Tagged auto informed, autoinformed.com, automotive news, BMW, bmw toyota, Ken Zino, mou, toyota
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BMW and Toyota Sign Lithium Ion Battery Research Deal
Current production Toyota hybrids use nickel metal hydride batteries, an older but thoroughly proven technology. Toyota has been reluctant to use the newer, more expensive lithium ion technology, much loved by environmentalist, but shunned thus far by mainstream car buyers. Nevertheless, Toyota is introducing its first generation of lithium ion batteries in the Prius Plug-in hybrid just on sale in the U.S. Continue reading
