Toyota and BMW have worked together on hydrogen tech since 2012. Now, they're taking it up a notch. Toyota will provide hydrogen parts, tanks, and fuel cell systems. BMW will chip in with its EV know-how and drive systems.
The companies will also work on making it easier to fuel up hydrogen cars across Europe. Right now, the lack of fueling stations is a big problem for hydrogen vehicles.
BMW launched a small fleet of hydrogen iX5s earlier this year. They're aiming to make hydrogen cars for the mass market soon. This team-up with Toyota will help BMW cut costs for developing and making these vehicles.
The hydrogen iX5 starts life as a regular X5 made in South Carolina. Then, it's sent to Munich where workers replace the floor with one that holds two big hydrogen tanks. They also swap out the gas engine for an electric motor and other EV parts.
BMW will share more details about their closer ties with Toyota at a media event on September 5.
Source: Nikkei Asia