Toyota Motor Corporation (Toyota) and the BMW Group (BMW) signed an agreement to strengthen collaboration in the hydrogen sector, with a view to creating a hydrogen society and achieving overall carbon neutrality. Both companies will work together on the development of fuel cells system and the improvement of infrastructure.

The two companies signed an agreement in December 2011 to establish a mid-long-term cooperative relationship in environmental technology, and have jointly advanced the development of environmental technologies, including fuel cells and sports cars, for over a decade. Sharing a common vision of “realizing a hydrogen society,” the two companies will continue to accelerate technological innovation in fuel cell systems.