
The BMW Group, DaimlerChrysler AG and General Motors Corporation have signed a "memorandum of understanding" governing the formation of an alliance of equals for the joint development of hybrid drive systems. The three global automakers are cooperating in order to pool their expertise for the accelerated and efficient development of hybrid drive systems.
In Troy, Michigan, the new "GM, DaimlerChrysler and BMW Hybrid Development Center" will develop the overall modular system and the individual components: electric motors, high-performance electronics, wiring, safety systems, energy management, and hybrid system control units. In addition, the Hybrid Development Center will be responsible for system integration and project management.

