Following an initial announcement back in December of 2011, the BMW Group and Toyota Motor Corporation (TMC) are moving on to the next phase of their partnership inking the deal, which will see the two companies beginning a collaborative research in the field of next-generation lithium-ion battery cells.
"The research project being undertaken under the agreement is focusing on increasing the performance and capacity of lithium-ion battery cells through the use of new combinations of materials for cathodes, anodes and electrolytes," the two automakers said in a joint statement.
Along with the research on lithium-ion batteries, Toyota and BMW have worked out a plan for a mid-to-long-term collaboration on next-generation environment-friendly vehicles and technologies.
Furthermore, BMW has agreed to supply Toyota's European division with its 1.6-liter and 2.0-liter four-cylinder diesel engines starting from 2014.
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