Toyota, BMW reportedly expand tie-up with on hybrid car technologyJune 25, 2012 - 09:53 AMT PanARMENIAN.Net - Toyota Motor is expanding a tie-up with Germany's BMW on hybrid and fuel-cell vehicle technology as the global automakers push further into the "green" market, the Nikkei business daily said on Monday, June 25. The two firms' top executives will announce in Germany this week that they are boosting a previously announced agreement involving joint research on next-generation lithium ion batteries, Nikkei said, according to AFP The initial tie-up involved technology for electric cars, and the broadened deal will focus on batteries for hybrid gasoline-electric and fuel-cell vehicles, it said. It marks the first time that Japan's top automaker will supply its fuel-cell technology, which relies on hydrogen to supply a vehicle's battery, to a rival, it said. Toyota did not immediately respond to requests to confirm the report. BMW, meanwhile, will provide its expertise on light car bodies made from carbon fiber to Toyota, as cutting a car's weight leads to better fuel efficiency, the Nikkei said. Under the earlier deal announced last year, the German automaker also agreed to provide diesel engines for Toyota as the Japanese firm looks to boost sales in Europe, where more than half of passenger cars are diesel powered. Demand for lower-emission diesel vehicles is forecast to grow, with further technological advances in the field seen as crucial due to toughening vehicle emissions standards. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |