UPDATE 1-BMW, Toyota to work on electric car batteries-source

Newswire

* Cooperation to be announced on Thursday - source * News comes after Toyota announcement of plug-in Prius * BMW shares flat, Toyota closed up 1.9 percent (Adds detail on announcement, background on partnerships) MUNICH, Nov 29 (Reuters) - German carmaker BMW and Japanese rival Toyota Motor are planning to cooperate on research into lithium-ion batteries for electric cars, a source familiar with the situation told Reuters on Tuesday. It was also reported over the weekend that the two ...

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