Distributed Energy Resources, GHG Emissions, Industrial, Sourcing Renewables - September 9, 2024
Toyota Motor and BMW Group Partner for Hydrogen
Toyota Motor Corporation (Toyota) and the BMW Group (BMW) signed an agreement to strengthen collaboration in the hydrogen sector with a goal to create a hydrogen society and achieve overall carbon neutrality by working together on the development of fuel cells and improving infrastructure.
The two companies will continue to accelerate technological innovation in fuel cell systems via the following goals:
- The two companies will provide a wider range of options to customers by equipping more passenger cars with fuel cell systems.
Toyota and BMW are collaborating on the development of a third-generation fuel cell system, which will be installed in both companies' models to provide customers with a broader range of fuel cell electric vehicles (FCEV). As a first step, BMW plans to launch its first mass-produced FCEV in 2028.
Both companies will also work to create synergies through collaboration in development and procurement as well as drive down costs by amalgamating powertrain units to expand commercial and passenger vehicle demand. By making FCEV a more accessible option, the partnership will contribute to the creation of a hydrogen society.
- The two companies will establish sustainable hydrogen supply networks.
Both companies believe that working with like-minded partners is essential for realizing a hydrogen society. Given the need to create clusters of demand for hydrogen in the early stages of popularization, Toyota and BMW will encourage sustainable hydrogen supply by creating demand and working closely with hydrogen-producing companies as well as distribution and refueling facilities to ensure a stable hydrogen supply and reduce costs.
"We are pleased that the collaboration between BMW and Toyota has entered a new stage,” said Koji Sato, President of Toyota, in a statement. “In our long history of partnership, we have confirmed that BMW and Toyota share the same passion for cars and belief in ‘technology openness’ and a ‘multi-pathway’ approach to carbon neutrality. Based on these shared values, we will deepen our collaboration in efforts such as the joint development of next-generation fuel cell systems and the expansion of infrastructure, aiming for the realization of a hydrogen society. We will accelerate our efforts together with BMW and partners across various industries to realize a future where hydrogen energy supports society."
"This is a milestone in automotive history: the first-ever series production fuel cell vehicle to be offered by a global premium manufacturer,” said Oliver Zipse, Chairman of the Board of Management, BMW AG, in a statement. “Powered by hydrogen and driven by the spirit of our cooperation, it will underscore how technological progress is shaping future mobility. And it will herald an era of significant demand for fuel cell electric vehicles."
Toyota has positioned hydrogen as a key energy source in its efforts to achieve carbon neutrality and has been advancing initiatives in collaboration with many partners across the areas of "producing, transporting, storing, and using" hydrogen.
The company will continue to address the needs of customers in each region by focusing on a multi-pathway approach that includes FCEV, BEV, HEV, and PHEV options while steadily working toward reducing CO2 emissions.
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