BMW, Renault and Delphi Automotive Systems Sign Memorandum of Understanding
BMW (Munich, Germany), Renault Group and Delphi Automotive Systems (Troy, MI) signed a memorandum of understanding that will enable further cooperation on a co-development agreement among the companies to produce vehicles that use a solid-oxide fuel cell as auxiliary electric power for cars and trucks.
The memorandum was signed May 2, 2000, at Delphi's Paris headquarters. A co-development agreement among the three companies is expected to be reached in the next 60 to 90 days.
This proposed partnership expands the existing development agreement reached last April between BMW and Delphi under which they are jointly developing a fuel cell system to be used as an auxiliary power unit for gasoline engines for passenger vehicles.