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…
