BMW and Toyota Join Forces to Bring Hydrogen-Powered Vehicles to Market by 2028
Key Ideas
  • BMW AG announces plans to sell hydrogen-powered vehicles in 2028 in collaboration with Toyota Motor Corp.
  • Joint development aims to reduce costs and increase competitiveness in the hydrogen vehicle market.
  • Advantages of fuel cell technology include long driving ranges and zero emissions apart from water.
BMW AG has disclosed its intention to introduce hydrogen-powered vehicles to the market by 2028, partnering with Toyota Motor Corp. The German automaker will work on a new line of fuel cell powertrains, with series production scheduled to commence in 2028. Despite challenges such as high costs and limited refueling infrastructure, BMW and Toyota are optimistic about the potential of hydrogen technology as an alternative to battery-electric cars. This move comes after BMW's involvement in hydrogen vehicle development for some time, including running a test fleet of hydrogen-powered iX5 SUVs. The collaboration between BMW and Toyota aims to leverage joint development and parts procurement to drive down costs and enhance the competitiveness of hydrogen vehicles. Proponents of fuel cells highlight benefits such as extended driving ranges and environmental friendliness due to emitting only water. BMW's CEO, Oliver Zipse, sees hydrogen as a promising option for the upcoming 'Neue Klasse' line of EVs. The companies remain confident in hydrogen's future role, emphasizing its potential in areas lacking robust EV charging infrastructure.
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