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.
In addition to the collaborative research agreement between BMW Group and TMC, Toyota Motor Europe (TME), TMC’s European subsidiary, and BMW Group entered into a contract – also announced on December 1, 2011 – under which BMW Group is to supply highly efficient 1.6 liter and 2.0 liter diesel engines to TME starting in 2014.
Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of March 2011, Toyota conducts its business worldwide with 50 overseas manufacturing companies in 26 countries and regions. Toyota’s vehicles are sold in more than 170 countries and regions. Toyota’s vehicles are sold in more than 170 countries and regions.