BMW & Toyota to Develop Midsize Sports Car Together
German Luxury car maker, BMW will work with the Japanese auto major Toyota Motor to manufacture a midsize sports car, which will help the giants to limit development costs. Partnership between BMW and Toyota that began in the year 2011 will now work together on next generation batteries ‘lithium-air’ for green vehicles, fuel-cell systems and light weight material, the company informs. However, there will not be any capital alliance between the two.
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