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(Image Source: Bloomberg)

 

BY: YUTAKA HAYASHI

ANCHOR CHRISTINA HARTMAN


While Suzuki and Volkswagen are getting ready to split, BMW and Toyota announced Thursday in Tokyo the two companies will collaborate to develop batteries for greener cars.

Under this partnership Toyota will be sharing research and development data. In exchange BMW will provide Toyota with its diesel engines. NHK has footage from the press conference in Tokyo:

DRAEGER: "Whoever has the best batteries in terms of function, cost and quality in their vehicle will win more customers.

UCHIYAMADA: "We will collaborate in order to increase research and development speed."

ANCHOR: "Toyota previously conducted all research and development in-house, but with the intensifying international competition, it has began to shifted gears to use competition technology as well."

The cooperation between the world’s largest carmaker and world’s largest luxury carmaker comes as a surprise to many, considering the two companies were criticizing each other's technology not too long ago. The BBC reports...

“BMW spent years insisting the petrol-electric hybrid solutions pioneered by Toyota offered the wrong solution to environmental challenges facing the motor industry, ... Toyota, meanwhile, has always insist[ed] its own diesel engines were as good as any on the market...”

Toyota and BMW have been making partnerships with other automakers as well. A Canadian Business blogger explains why the two car makers need a variety of partnerships.

“...the two auto giants attribute their need to partner up to the challenges they face from governments around the world to reduce carbon emissions and be safer, and more efficient. The cost of the research and development of all these new processes is expensive, so BMW and Toyota will be sharing some of the costs.”


The partnership hopes to look into products beyond the lithium-ion battery. A blogger for the Economist speculates why automakers want to avoid lithium dependency.

“Over the long term, they may be exploring alternatives to lithium, which one Toyota executive said this week was excessively concentrated in the hands of China—a country that has ambitious plans to expand the use of electric cars.”

 

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Business News: Toyota and BMW Partner to Make Green Cars

Toyota and BMW Partner to Make Green Cars

December 3, 2011
(1:54)
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BMW and Toyota announced Thursday in Tokyo the two companies will collaborate to develop batteries for greener cars.
   
Sources:NHK (Japan)BBC NewsCanadian BusinessThe Economist
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