WirtschaftsWoche (WiWo) reports that BMW and GM will announce a cooperation agreement on hydrogen fuel cell technology in mid-January. According to the report, BMW will receive fuel cell technology from GM in return for investment in the research. GM had no comment on the report, while BMW only confirmed there are unspecified negotiations are in process.
Earlier this month, BMW Group and Toyota Motor Corporation signed a memorandum of understanding (MOU) concerning a mid-to-long-term collaboration on next-generation environment-friendly technologies. Under that MOU, the two companies will collaborate on research in the field of next-generation lithium-ion battery cell technologies. The companies also have agreed to identify and discuss other possible collaborative projects. (Earlier post.)
With the GM agreement, BMW CEO Reithofer heralds a U-turn with hydrogen drive: the Münchner had pursued technical exceptionalism for years with a hydrogen internal combustion engine, which ultimately turned out to be a dead end. Now they, like the rest of the industry, set on a fuel cell which makes electricity from hydrogen and so can drive an electric car.—WiWo