In a surprising move, BMW signed a Memorandum of Understand with Toyota Motor Corporation seeking in collaboration in 4 fields of technology: The joint development of a fuel cell system, joint development of architecture and components for a future sports vehicle, collaboration on powertrain electrification and joint research and development on lightweight technologies. In addition, the two companies agreed to a contract, under which BMW will supply Toyota with the two four-cylinder diesel engines of the BMW line-up, the 1.6 and 2.0, starting in 2014.
The rumors, on the other hand, say that BMW is interested in the CFRP technology that was used to create the Lexus LF-A and the economy of scales that Toyota would provide BMW, should the former partner up with BMW’s CF partner, the SGL Group. Toyota is interested in BMW’s know-how in mass production of CFRP components, as is the case with the SGL, plus BMW’s diesel engines.
We hope that this cooperation will not mean the end of the BMW – PSA cooperation that gave the line-ups of Peugeot and Citroen the Prince (1.6T) engine. You can aso read BMW’s press release after the jump.
Posted in: BMW