BMW and McLaren have reportedly teamed up to create a platform for electric sports cars.

The last time BMW and McLaren had a major collaboration, the result was the McLaren F1, which took the world by surprise. Now, the two companies are reportedly teaming up again to develop an electric sports car platform.

Motor reported Wednesday that a memorandum of understanding on the project was signed by the two companies in March, and that the proposed platform would be flexible enough to create not only sports cars but also supercars and hypercars.

BMW will reportedly be responsible for powertrain aspects such as the motor, inverter, and battery, while McLaren will be responsible for dynamics and lightweight construction. McLaren may also benefit from BMW's internal combustion engine, which is designed to meet future European emission regulations. It may also be possible for McLaren to source the SUV's platform from BMW.

BMW is rumored to be planning to unveil an electric M2 concept with 1,341 hp as part of this year's BMW M 50th anniversary celebrations, so we may get a taste of the potential of an electric sports car platform as early as this year. In early May, Audi's parent company, the Volkswagen Group, approved plans for Porsche, another VW Group brand, to join the F1 circus, and according to Motor, Porsche is expected to sign on as a power unit supplier to Red Bull Racing. While it is expected to sign a deal, Audi could turn its attention to Sauber if it is knocked back by McLaren. Sauber is a Swiss team that currently competes as Alfa Romeo and sources its power units from Ferrari. Williams, which currently sources its power units from Mercedes-Benz AMG, is also rumored to be a potential partner for Audi.