The companies had last year in December announced long-term strategic collaboration aims.
Japanese car maker Toyota has signed a MoU with German auto giant BMW for joint development of a fuel cell system, power electrification, development of lightweight technologies and development of components of a future sports car.
The companies had last year in December announced long-term strategic collaboration aims.
In March 2012, the BMW Group and Toyota had signed a binding agreement on collaborative research in the field of next-generation lithium-ion battery cells.
In addition, both the companies entered into a contract under which the BMW Group will supply highly-efficient 1.6 -litre and 2.0-litre diesel engines to Toyota Motor Europe, starting in 2014.
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