Increasing costs for new models and technology will weigh on revenues at BMW for the rest of the year, it stated on Tuesday, as the German automaker fights to regain ground lost to competing Mercedes-Benz. BMW, the leading seller of luxury cars for years, was surpassed by Mercedes last year, and its 3rd quarter operating
German automakers are betting they can mass produce new electric vehicles based on standard vehicles, defying skeptics who state they will require more radical designs to avoid the threat from Tesla and other start-up automakers. There are two means to make battery-driven automobiles: use a clean-sheet design like Tesla, or a standard automobile platform that
BMW is close to presenting wireless charging on one of its automobiles– and this time, it does not involve phones. That function is currently there, however being able to wirelessly charge your car is new. Actually it’s a big charging pad for a 530e iPerformance plug-in hybrid. The BMW pad links to a 220-volt outlet,
Germany’s BMW is preparing to mass produce electric vehicles by 2020 and will to have 12 different models by 2025, it stated on Thursday, as conventional makers race to overtake U.S. electric car leader Tesla. Vehicle buyers avoided electric vehicles due to their high expense and restricted operating range until Tesla revealed the Model S
BMW anticipates its research and development budget, when determined as a portion of sales, to increase in 2018, its CFO informed a German paper. “Decreasing CO2 emissions, electrifying engines and autonomous driving are the major challenges for our market over the next years,” the automaker’s Chief Financial Officer Nicolas Peter informed Boersen-Zeitung in an interview
Luxury automaker BMW is thinking about moving organized production of an electric version of its Mini compact automobile to Germany from Britain in reaction to plans by London to leave the EU single market, the Handelsblatt reported. BMW may move production to its sites in Regensburg and Leipzig, the paper stated, pointing out company sources.
BMW has strategies to turn the i8 sports car from a hybrid to a totally electric car. The carbon fiber structure would be modified with a broader center tunnel to house a large battery. Regardless of this, there would be no weight gain to the i8; the present version weighs in at 3,274 pounds. The
BMW is revamping its research and advancement activities to concentrate on self-driving vehicles, board member Klaus Froehlich told Reuters, a relocation that includes a revamp of its “i” sub-brand of carbon-fibre based electric vehicles. The business is updating its zero-emission vehicles after a lackluster reaction to its only fully battery-powered automobile, the i3, which had