BMW’s EV battery partner launches a $1.5B factory expansion in South Carolina
Battery tech firm AESC, which is partnered with BMW, is investing $1.5 billion to expand its EV battery factory in South Carolina.
Expand Expanding CloseBattery tech firm AESC, which is partnered with BMW, is investing $1.5 billion to expand its EV battery factory in South Carolina.
Expand Expanding CloseOne week after teasing camouflaged images of the next chapter in its “Neue Klasse” EV design strategy, BMW has publicly unveiled the Sport Activity Vehicle to the public. The Vision Neue Klasse X is BMW’s latest entry into the SAV segment and represents the all-electric DNA of a new model that will begin production next year.
Expand Expanding CloseThe first quad-motor EV from BMW M was recently spotted testing in icy conditions, revealing the high-performance electric car’s sporty design.
Expand Expanding CloseBMW is teasing the new Vision Neue Klasse X electric SUV ahead of its official debut next week. Is this the electric BMW SUV we’ve been waiting for?
Expand Expanding CloseBMW Charging has just launched in North America as an additional EV charger network powered by Shell Recharge. The newly expanded network gives BMW EV drivers access to over 100,000 chargers across the continent, easily accessible from the vehicle itself or an app.
Expand Expanding CloseBMW introduced a new incentive for its EV buyers: $1,000 off if you switch from a Tesla or other EVs.
The new conquest program doesn’t apply to gas car as the German automaker goes for low picking fruits.
Expand Expanding CloseRumors have been brewing for weeks now that Europe’s automakers were challenging the EU’s decision to ban ICE vehicles as of 2035. But the ACEA, Europe’s automakers association, said that it is not pushing back and is all in with the EV future. Is this PR spin or the real thing?
Expand Expanding CloseBMW is launching its first all-electric luxury wagon, the i5 Touring, with up to 348 miles (560 km) WLTP range. The luxury BMW wagon is more advanced than ever. It’s now more sporty, has new features, and is available in an all-electric form for the first time.
Expand Expanding CloseMajor German car parts maker ZF Friedrichshafen is investing a hefty $500 million into its transmission plant in South Carolina – all to transform it into a “flexible manufacturer of parts” for both ICE and plug-in hybrids, and for both passenger cars and large commercial vehicles by launching production of its PowerLine transmission in the US.
Expand Expanding CloseGermany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. But now that is expected to change course, as EV sales are projected to drop – by 14% – for the first time in eight years.
Expand Expanding CloseBMW Group recently shared a spring update to its growing line of EVs, which now includes a new all-wheel drive variant of the i5. The BMW i5 xDrive40 will kick off production in March and arrive as a 2025 model-year EV, priced between the eDrive40 and M60 variants.
Expand Expanding CloseBMW’s 5 series is set to expand very soon. The automaker is teasing the new BMW i5 M60 Touring, giving us a sneak peek at what we can expect from the high-performance EV.
Expand Expanding CloseMajor car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.
Expand Expanding CloseBMW hasn’t been shy about playing around with new electric two-wheeler designs, though the number that have actually made it onto showroom floors is significantly lower. This time we’re getting a look at a potential new BMW electric scooter that may actually make it to production.
Expand Expanding CloseBMW has crossed the “tipping point” as the automaker shifts from gas-powered vehicles to EVs. According to BMW’s CFO, from here on out, most of its growth will come from electric vehicles.
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On the heels of announcing its record year in sales of all-electric vehicles last year, BMW says it is now investing $711 million (€650 million) to convert its main factory in Munich to exclusively produce electric vehicles by the end of 2027. It’s all part of a multibillion-dollar effort to give its next-gen Neue Klasse EVs a competitive edge against the likes of Tesla.
BMW Group just released its sales numbers from 2023, and it was a very good year indeed. The automaker says it hit its target of 15% share of battery-electric vehicles – and expects to sell half a million BEVs in 2024.
Kia’s high-performance EV or the gas-powered BMW M2? Which has more performance? What about handling? See the Kia EV6 GT face off against the BMW M2 in a quarter mile and handling test in Edmunds’ latest video.
Expand Expanding CloseLegacy German automakers and competitors in the luxury EV segment, Mercedes-Benz and BMW, announced they have teamed up for a new joint venture to implement a EV fast charging network consisting of over 1,000 stations in the next few years. Where the European companies intend to deploy these chargers however, may surprise you.
Expand Expanding CloseA new trademark filing revealed the name of the first BMW high-performance M electric car. The BMW M3 is going electric, likely under the name iM3.
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German automaker BMW has finally called it a wrap on the production of internal combustion engines, in its own country at least. Now its main Bavarian plant will be converted for the production of EVs only, while the company relocates its ICE production to the UK and Austria.
In order to further optimize the charging experience and help alleviate strain on local electrical grids, BMW USA announced it is expanding its ChargeForward incentive program to EV and PHEV drivers throughout the contiguous United States. The national expansion comes on the wings of the launch of BMW’s first all-electric 5 series, the i5.
Expand Expanding CloseBMW appears highly confident about its latest generation of battery cells as it claims that “Tesla needs to close the gap” with them.
Expand Expanding CloseHow do you make a long-haul diesel truck emit 50% less CO2 without changing a single thing about it? Sounds like a riddle, right? A new pilot solution embraced by BMW Group Logistik and supplied by partner firm Trailer Dynamics here in Germany, though, can do just that. I spoke with Mo Koellner from BMW and Michael Nimtsch from Trailer Dynamics about this tech on a call earlier in the week.
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