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Toyota Teams With German Rival in EV Battery Development

Toyota may be a Japanese automaker, and BMW a German one, but as Toyota Motor Europe President and CEO Didier Leroy puts it, "Fundamentally we are both engineering companies, so in many aspects we have found we speak the same language."1 Leroy made this discovery when the two automotive giants signed a memorandum of understanding in the development of a new car battery recently.

That's right, Toyota and Beamer are teaming up, and…

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