• SHARE

Toyota Motor Corp. and Germany’s BMW said Thursday they are teaming up in the field of hybrid vehicle technologies, aiming to speed up development and lower the costs of producing “green” vehicles amid a stricter regulatory environment.

Under the agreement, the two carmakers will carry out joint research into next-generation lithium-ion battery technologies, among other projects, they told a joint news conference in Tokyo.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW