Citing not better specified ‘industry sources’, German magazine Wirtschafts Woche reported yesterday that BMW and General Motors are planning to team up in order to develop premium fuel cell technology that will end up feeding the electric and hybrid powertrains of the future models of the two groups.

Apparently, the talks between the two companies are highly advanced, with the carmakers close to signing a cooperation agreement. More specifically, the plan would give BMW access to GM’s fuel cell technology in exchange of a contribution to the research costs. A BMW spokeperson stated on Saturday that “We are speaking to GM about various future technologies but we are not saying anything more beyond that“, while GM declined to comment.

via | Wirtschafts Woche

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