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At Close: Jan 03, 2025
German carmaker BMW said Wednesday it will invest $1.7 billion in the production of electric vehicles in the United States.
BMW AG said on Wednesday it will invest $1.7 billion to build electric vehicles in the United States, the latest announcement from major automaker about plans to ramp up U.S. EV production.
The investment will include $1 billion for production of EVs at BMW's South Carolina plant, and $700 million to build a new battery-assembly facility.
Cowley factory on outskirts of Oxford not up to challenge of creating electric vehicles, says Mini boss
BMW will partner with AirConsole to bring in-car gaming to new vehicles, starting with the BMW 7 series next year.

BMW Group sales drop slightly in Q3

03:02am, Monday, 10'th Oct 2022
BMW sold nearly as many cars in the third quarter as it did in the same period a year before, after the war in Ukraine and supply shortages led to a drop in deliveries in the first half of 2022, said
Amazon Alexa will be the foundation of BMW's next-generation voice assistant, the companies announced Wednesday at Amazon's annual Devices and Services launch event. The German automaker and Amazon ar

BMW's most powerful SUV is a plug-in hybrid

06:01pm, Tuesday, 27'th Sep 2022
BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment's Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV is the firs
Chinese electric-car startup Nio is looking to grab a share of Europe's growing market for electric vehicles by rolling out a battery leasing and swapping network to cut costs for users, its president
Tim Urquhart, principal automotive analyst at S&P Global Mobility, discusses European car sales and the semiconductor crisis.
The BMW Gen6 battery system aims to make the company a leader in range, efficiency, and cost. If the company meets its goals, it could be a leading player in the drive towards electrification - and su
BMW claims these new cells will offer better performance at a lower price.
BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made in six factories by partners including China's CATL and EVE Energy as the carmaker looks to
Congress's passage of the $369 billion climate and tax package enacts a new round of $7,500 tax credits for EV buyers. But a tangle of requirements will reward some automakers while penalizing others.
Motorists are increasingly being forced to pay tacked-on fees and even sign up for pricey subscriptions to get basic features on their cars -- and auto giants are telling investors this is only the be
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