Renowned German luxury car manufacturer BMW AG and Japanese automaker Toyota Motor Corp. announced that they are starting a mutually beneficial cooperation. The companies will start joint developments in the creation of automotive components.
We are talking about the creation of all kinds of lightweight structures, fuel cells, electrical components of transmissions and much more related to "green" technologies. Moreover, there is talk that the companies will also work on the creation of a sports car.
In the agreement concluded by the companies, a new trend is clearly visible - joint development. The fact is that modern research is too expensive for manufacturers. Their cost becomes an unbearable burden even for such giants as Toyota. Cooperation opens up new possibilities.