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Toyota and BMW are to be working on a supercapacitor hybrid system together. The plug-in hybrid system would utilize similar technology to the Toyota's Le Mans LMP1 race car.

The use of supercapacitors will enable the system to quickly discharge energy to the motors in the car's hybrid four-wheel-drive system, while quickly recharging from regenerative braking.

It is not yet known what vehicles may receive this technology, but rumors point towards the BMW Z4 and the upcoming Toyota Supra.
 

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i feel like this tech is more from toyota than it is from bmw
It is, this is what BMW wants from the joint venture. Toyota already has the super capacity tech pretty well vested, check out their new TS040 P1 for LeMans this year. I think what the two of them will be working on is productionizing the technology and figuring out a way to produce it cost effectively...
 
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