Toyota and BMW Collaborate to Advance Hydrogen Fuel Cell Vehicles
Key Ideas
  • Toyota and BMW sign a new memorandum to accelerate the development of hydrogen fuel cell vehicles and aim to standardize components to reduce costs.
  • BMW plans to launch its first hydrogen-powered model in 2028, with Toyota already selling fuel cell vehicles like the Mirai in California.
  • Both companies will collaborate on building hydrogen fuelling stations to address the lack of infrastructure hindering fuel cell vehicle adoption.
  • The partnership also aims to create a conducive framework between government and industry to support the growth of hydrogen technology for transportation.
Toyota and BMW have announced an upgraded partnership to advance hydrogen fuel cell vehicles. The two companies have signed a new memorandum of understanding to accelerate the development of next-generation, zero-emission vehicles. BMW is set to launch its first hydrogen-powered model in 2028, while Toyota is already selling fuel cell vehicles like the Mirai in California. The collaboration aims to standardize components and bring down the costs of fuel cell vehicles by developing a shared powertrain. Both automakers will work on building hydrogen fuelling stations to overcome the lack of infrastructure outside of California, a major barrier to fuel cell vehicle adoption. The companies are focused on creating a conducive framework between government and industry to support the growth of hydrogen technology in transportation. Despite facing challenges such as the collapse of fueling infrastructure in California and the rising cost of hydrogen production, Toyota and BMW are optimistic about the potential of hydrogen fuel cell vehicles. This partnership also includes the development of fuel cell-powered commercial vehicles and a commitment to transitioning away from gas-powered vehicles to meet climate goals. The roundtable held by the two companies aims to address questions about their collaboration and the challenges they anticipate in the future.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.