McLaren Electronic Systems is to work with Freescale Semiconductor to develop its Kinetic Energy Recovery System from 2010.
The two parties believe that their collaboration will both improve the McLaren Formula One team's KERS, and help such systems filter down to road car technology, where Freescale is a leader in its field.
"This joint KERS development project with McLaren Electronic Systems is on the cutting edge of automotive technology," said Freescale spokesman Steve Wainwright.
"As the leading supplier of automotive semiconductors, Freescale can help MES make a difference in their quest for advanced powertrain control technology and energy-efficient systems.
"Formula One is one of the most exciting and fastest moving laboratories for automotive technology. We will work hard to help ensure that the technologies developed in concert with MES will rapidly find their way into mainstream cars to the benefit of consumers and our automotive customers eager to receive energy-efficient solutions."