BMW joins the GM, DaimlerChrysler group for developing hybrid cars
The rising gas prices and the growing cause due to global warming are showing its results. Rivals are joining hands together to work on developing technologies to get hybrids to the mainstream. While Japanese automakers Honda and Toyota are doing it alone, the US based rivals DaimlerChrysler and General Motors have already joined hands together to develop hybrid cars together.
Now, joining these two American based companies in their efforts is the German auto giant and rivals in the various world markets, Bayerische Motoren Werke AG (BMW). BMW would now be working with DaimlerChrysler and General Motors to develop gasoline-electric power systems that offer better fuel economy and create fewer emissions than traditional gasoline engines.
The company is expected to enter in collaboration with these two American giants as per a statement released by BMW today. They are already working towards developing hydrogen-powered motors with aim to use the technology in their upcoming vehicles as the emission standards get stricter asking for lower pollution standards from the future automobiles. The collaboration with these two companies would help them achieve their goals fast and bring the vehicles to the market faster and more economically.
Tom Stephens, group vice president of GM’s powertrain unit said in a statement about these latest happenings: â€œThis cooperation paves the way for extensive hybrid collaboration among BMW, DaimlerChrysler, and GM.â€