Ford, BMW Lead $130M Investing Round In Solid-State Battery Startup
Ford Motor Co and BMW AG are leading a $130 million funding round in a solid-state battery startup, Solid Power, as carmakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable…
BMW Group Launches Battery Component Production In Leipzig And Regensburg
The BMW Group is launching production of battery components at its plants in Leipzig and Regensburg and expanding its e-drive production network. It has been less than a year since the decision was made to expand production capacity for e-drives…
BMW Group And Daimler Mobility Join Forces With bp As A Partner For Digital Charging Solutions
Daimler Mobility AG and BMW Group significantly strengthen the customer offering of Digital Charging Solutions GmbH (DCS) by adding bp as the third shareholder with a stake of 33.3%. DCS is a leading developer of digital charging software for automotive…
KPIT Receives An Important Strategic Large Deal From BMW Group For The Next Generation Charging Electronics Program
KPIT, a leading independent software development and integration partner to the automotive industry – announced signing of a large-scale order with BMW Group. The series order is spread over several years. The combined powertrain coordination unit is designed to power…
BMW Signs $2 Billion Battery Supply Contract With Northvolt
BMW like many other German car manufacturers, it is hedging its bets by designing cars that can be powered by gasoline and diesel engines, hydrogen fuel cells, plug-in hybrid technology, or battery electric powertrains. The car companies say such an…
BMW Expands EV Components Production At German Plant
BMW said it will invest 500 million euros ($563 million) at its largest European factory as the automaker bolsters its electric-car manufacturing capabilities to better compete with rivals including Tesla. BMW will add eight production lines for battery modules and…
BMW To Discontinue Many Internal Combustion Engines 2021 Onward
In a press release that contains “profitability” and “EBIT” in its title, BMW included a bit of a bombshell in two paragraphs. First things first, up to 50 percent of “traditional drive train variants” will be eliminated from 2021 onwards. Hybridized and electric vehicles…
