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Microsoft and Toyota to announce energy efficiency collaboration

Deal is expected to include the development of smart grid technology

Microsoft and Toyota are to announce a collaborative deal later today.

The deal is expected to include the development of smart grid technology, as the companies work towards greater energy efficiency in the automotive industry.

Japan's Nikkei financial news site stated that the project will examine how power can be used more efficiently and from renewable resources.

Microsoft's share of the work will include the development of software that can monitor vehicle battery levels.

This isn't the software giant's first foray into the automotive industry. Last year it announced it would work with Ford to implement the Microsoft Hohm energy management application for Ford's electric vehicles.

Hohm aims to help users determine when and how to most efficiently and affordably recharge battery electric vehicles and plug-in hybrid electric vehicles.

"It should also help utility companies manage the added demands of electric vehicles on the electrical grid," Microsoft added.

Microsoft and Toyota to announce energy efficiency collaboration

Deal is expected to include the development of smart grid technology

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