The total increase of 6.2 billion euros ($6.9 billion) will come from a new 2.9-billion-euro contract with Samsung-SDI and an increase from 4.0 to 7.3 billion in orders from China’s CATL, BMW said in a statement Frankfurt: German high-end carmaker BMW said Thursday it was massively increasing orders of battery cells for electric cars for […]
Europe Set to Race Past US in Battery Manufacturing
Europe’s battery manufacturing capacity is on the cusp of dramatic growth, though much of the investment and know-how are coming from Asian companies. A slew of recent announcements has left Europe poised to overtake North America in terms of battery manufacturing capacity by 2023, analyst figures show. Bloomberg New Energy Finance (BNEF) expects European nameplate […]
BMW Electrifies National Parks With 100 EV Charging Stations
Both BMW and park officials believe the hybrid and electric vehicle charging stations will increase park visitation across the country. BMW of North America donated 100 new electric vehicle charging stations in and near U.S. national parks, the culmination of an idea more than 2 years in the making. The Bavarian automaker today announced it […]
BMW reveals MINI Electric vehicle: Meet the MINI Cooper SE with a ‘go-kart feeling’
German automotive brand BMW revealed the first electric vehicle for its MINI brand. The MINI Electric, officially known as the MINI Cooper SE, debuted Tuesday in the Netherlands. The car will be built in the United Kingdom and exported to the U.S. It’s expected to arrive in 2020, with production beginning in November 2019. While […]
BMW executive calls EVs ‘overhyped’ at company event about EVs
Someone didn’t get the message BMW executive and board member Klaus Fröhlich told reporters this week that the shift to cars powered by electricity is “overhyped,” and said that there is “no” consumer demand for them. Curiously, Fröhlich made these comments at an event where BMW proudly announced it will accelerate plans to release 25 […]
BMW set to double electric vehicle sales by 2021
BMW is on track to double its electric and hybrid vehicle sales by 2021, the company said Tuesday as it unveiled its newest electric car. The German automaker announced that it will meet its target of marketing 25 electrified vehicle models by 2023 — two years earlier than expected. More than half of those models […]
Volkswagen leads €886 million investment in Northvolt to power Europe with its gigafactory for lithium-ion batteries
The future will require sustainable batteries to store renewable energy, and lots of them. Stockholm-based Northvolt has taken the lead, and has just announced a capital raise of €886 million to build Europe’s first gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden. This comes just a month after securing a €350 million loan […]
Jaguar Land Rover, BMW Group to collaborate for developing electric vehicles
Both Jaguar Land Rover and BMW Group have considerable knowledge and expertise in electrification. While Jaguar Land Rover has I-Pace, BMW has i3. Jaguar I-Pace has won 2019 World Car of the Year, 2019 World Car Design of the Year and 2019 World Green Car trophies at the 2019 World Car Awards. HIGHLIGHTS A team […]
JLR and BMW team up to develop electric cars
MUMBAI: Tata Group-owned Jaguar Land Rover (JLR) and Germany’s BMW have teamed up to develop electric car technologies as the global automotive industry sees “the greatest technological shift in a generation”. The two companies, which are struggling to maintain profit margins amid declining sales, will develop electric drive units, a central part of the industry’s […]
Here’s every electric vehicle on sale in the US for 2019 and its range
With more and more electric cars hitting the market these days, we decided to round up every one that you can buy in America and tell you how far it’ll go on a charge. Electric cars are becoming an increasingly common sight on American roads. And while just a few brands may dominate the news cycle, […]