Following an initial announcement back in December of 2011, the BMW Group and Toyota Motor Corporation (TMC) are moving on to the next phase of their partnership inking the deal, which will see the two companies beginning a collaborative research in the field of next-generation lithium-ion battery cells.
"The research project being undertaken under the agreement is focusing on increasing the performance and capacity of lithium-ion battery cells through the use of new combinations of materials for cathodes, anodes and electrolytes," the two automakers said in a joint statement.
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