BMW Group and Toyota Motor Corporation are pursuing their “strategic long-term cooperation” in the field of “sustainable mobility” by recently signing agreements to collaborate for the joint development of a fuel cell system, architecture, lightweight technologies, and more interestingly, components for a new sports car.
The companies have agreed to set-up a feasibility study to define a joint-platform concept for a midsize sports vehicle that is to be completed by the end of 2013. This could be the partnership that could lead to a next-generation Toyota Supra, but possibly with a “green” twist.
The two car-manufacturing giants have also signed an agreement to begin collaborative research on lithium-air batteries, a post-lithium-battery solution.
This is not the first time BMW and Toyota have collaborated. In December 2011, they signed a partnership for developing next-generation environment-friendly vehicles and technologies, during which time the two companies also signed a contract under which BMW Group is to supply diesel engines to Toyota Motor Europe.