TOKYO (AFP) ― Toyota Motor 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.
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Toyota automobile and light truck dealership in Hanover, Massachusetts. (AP-Yonhap News) |
BMW, meanwhile, will provide its expertise on light car bodies made from carbon fiber 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.
