Tokyo/Munich. BMW Group and Toyota Motor Corporation (TMC)
announce that they have signed an agreement on collaborative research
in the field of next-generation lithium-ion battery cells and have
begun said research. The agreement follows the memorandum of
understanding concerning a mid-to-long-term collaboration on
next-generation environment-friendly vehicles and technologies
announced by the two companies on December 1, 2011.
The research project being undertaken under the agreement is focusing
on increasing the performance and capacity of lithium-ion battery
cells through the use of new combinations of materials for cathodes,
anodes and electrolytes.
In addition to the collaborative research agreement between BMW Group
and TMC, Toyota Motor Europe (TME), TMC’s European subsidiary,
and BMW Group entered into a contract—also announced on December
1, 2011—under which BMW Group is to supply highly efficient 1.6
liter and 2.0 liter diesel engines to TME starting in 2014.
You can find more information in the press release from December 1st
2011 about MoU BMW Group and Toyota.
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Media from Asia, Oceania or the Middle East: +81-3-3817-9182/9174
The BMW Group
The BMW Group is one of the most successful manufacturers of
automobiles and motorcycles in the world with its BMW, MINI, Husqvarna
Motorcycles and Rolls-Royce brands. As a global company, the BMW
Group operates 25 production and assembly facilities in 14 countries
and has a global sales network in more than 140 countries.
In 2011, the BMW Group sold about1.67 million cars and more than
113,000 motorcycles worldwide. The profit before tax for the financial
year 2011 was euro 7.38 billion on revenues amounting to euro 68.82
billion. At 31 December 2011, the BMW Group had a workforce of
approximately 100,000 employees.
The success of the BMW Group has always been built on long-term
thinking and responsible action. The company has therefore established
ecological and social sustainability throughout the value chain,
comprehensive product responsibility and a clear commitment to
conserving resources as an integral part of its strategy. As a result
of its efforts, the BMW Group has been ranked industry leader in the
Dow Jones Sustainability Indexes for the last seven years.