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Sunday, December 11, 2011

BMW, General Motors intends to join hands together to develop fuel cell

K-car information, according to Reuters, citing the German "economic weekly" (Wirtschaftswoche) reports that General Motors intends to join forces with BMW research and development of fuel cell technology.

German economy magazine reported that General Motors and BMW negotiations on the cooperation has largely reached its final stage, the agreement to be reached. Agreement, once reached, BMW will have access to GM's fuel cell technology, the BMW will cost in terms of both R & D for financial support.

Currently General Motors declined to comment, a spokesman for BMW said: "We are currently discussing with General Motors of future technology development, and nothing more."

General Motors R & D and Strategic Planning Larry Burns, vice president, said: "In the past year, we have cut the cost of fuel cells for more than half, after a few years if we are successful transition to mass production, then the fuel cell will the cost of comparable diesel engines. "

BMW has been committed to environmental technology research and development, as early as this month, BMW signed a memorandum of understanding with Toyota, according to the agreement, they intend to jointly develop the next generation lithium-ion batteries for electric vehicles.

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