Toyota and BMW Strengthen Hydrogen Energy Cooperation to Achieve Carbon Neutrality

Toyota is committed to becoming the best automaker locally, actively carrying out local business operations based on the characteristics of regional markets and consumer needs. In the process of promoting carbon neutrality, Toyota regards hydrogen energy as a key energy source and has worked with many partners in various fields such as "manufacturing, transportation, storage, and use".

Toyota and BMW Group have reached a long-term cooperation in environmental technology since December 2011, especially in the research and development of fuel cells and high-performance environmentally friendly vehicles, and have worked together for more than a decade. Recently, the two sides have reached a consensus on strengthening cooperation in hydrogen energy to achieve carbon neutrality and build a hydrogen-based society, and signed a basic agreement. Based on the shared vision of "realizing a hydrogen-based society", they will jointly develop fuel cell systems, promote infrastructure construction, and accelerate technological innovation in the future. (Source: Toyota China)