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| Posted Oct 15, 2005 PT |
GM, BMW and DaimlerChrysler team up to develop hybrid technology
A press release from GM Media Online states that auto giants GM, BMW and DaimlerChrysler are pooling their resources to develop hybrid drive technology that will improve fuel efficiency without reducing vehicle performance.
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Original news summary: (http://media.gm.com/servlet/GatewayServlet?target=http://image.emerald.gm.com/gmnews/viewmonthlyreleasedetail.do?domain=3&docid=18109)
- The BMW Group, DaimlerChrysler AG and General Motors Corporation today signed a "memorandum of understanding" governing the formation of an alliance of equals for the joint development of hybrid drive systems.
- The objective is to jointly develop a two-mode hybrid drive system that reduces fuel consumption while not compromising vehicle capability.
- While the base two-mode hybrid design will be common, each company will individually integrate the hybrid system into the design and manufacturing of vehicles in accordance with their brand specific requirements.
- "By pooling the development expertise of the three automakers -- BMW Group, DaimlerChrysler and General Motors -- we are making it possible for all companies to bring to market appealing vehicles with convincing performance, comfort and environmental features for the benefit of our customers," says Dr. Thomas Weber, DaimlerChrysler Board of Management member responsible for Research and Technology as well as for Development at the Mercedes Car Group.
- "The creation of a shared technology platform for hybrid drives will allow us to more quickly integrate the best technologies on the market and will therefore exploit and strengthen the innovative potential of all participating companies," explains Prof. Burkhard Göschel, Board of Management member for Development and Procurement at BMW AG.
- "Because the technologies will be adapted to the individual vehicle models, the participating brands will retain their distinctive characters."
- The extensive sharing of components and production facilities, and the collaborative relationship with suppliers, will enable the alliance partners to achieve significant economies of scale and associated cost advantages, which will also benefit customers, thanks to an outstanding cost-to-performance ratio.
- In city driving and in stop-and-go traffic, the vehicles can be powered either by two electric motors or by the combustion engine, or the two drive systems can be used simultaneously.
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