AutomobilesToyota and BMW to form alliance in fuel cell vehicle manufacturing
German auto giant aims to start mass production in a few years
BMW's iX5 Hydrogen fuel cell vehicle. The German carmaker and Toyota are deepening a partnership to manufacture more affordable fuel cell vehicles amid slowed growth among electric vehicle models. (Photo by Yuki Nakao)
EIKI HAYASHI and TAKAYUKI YAO, Nikkei staff writers
August 27, 2024 13:31 JST
FRANKFURT/NAGOYA -- Toyota Motor and BMW will upgrade their partnership in fuel cell vehicles as the two auto giants see them as prospective next-generation eco-friendly models amid slowing growth in demand for electric vehicles, Nikkei has learned. BMW aims to begin mass production of a fuel cell vehicle model in a few years.