Toyota, BMW Join Hands on Green Technology

12.1.2011

Toyota Motor Corp and BMW AG agreed on Thursday to join hands on a broad range of environmental technologies, forging a partnership between two engineering stalwarts in the increasingly competitive auto industry. Under the agreement, the two will work together on lithium-ion battery research. BMW will also supply diesel engines to Toyota from 2014 in Europe. They will also identify possibilities for other projects.

“Fundamentally we are both engineering companies, so in many aspects we have found we speak the same language,” Toyota Motor Europe President and CEO Didier Leroy told the news conference.