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BMW Steyr
News

BMW to spend $1 billion to develop EV powertrains at Steyr plant

June 20, 2022 Mike Flemming 0

BMW has announced plans to spend up to €1 billion ($1.05 billion) on the development and production of its next-generation electric powertrains at its plant in Steyr, Austria. In a press release on Monday, the […]

CATL
News

CATL will supply BMW with cylindrical battery cells beginning in 2025

May 28, 2022 Scott Nordlund 0

CATL announced that they reached an agreement with BMW to provide cylindrical battery suppliers beginning in 2025. We reported earlier this month that BMW was moving to cylindrical cells for their next line of vehicles. […]

BMW Tesla Model 3
News

BMW is targeting a 30% drop in battery prices to take on Tesla

May 12, 2022 Scott Nordlund 0

BMW is switching to the next generation of low-cost batteries to take on Tesla moving forward. The company is moving to round cells instead of prismatic ones for their next class of vehicles starting in […]

CATL
News

CATL is planning their US expansion and vetting potential sites

May 7, 2022 Scott Nordlund 0

CATL is in the final stages of potential vetting sites in the United States to build EV batteries for BMW and Ford. According to reporting by Reuters, the battery giant is considering sites in South […]

BMW i4
News

BMW CEO cautions against EV only strategy

April 15, 2022 Scott Nordlund 0

BMW CEO Oliver Zipse, a long time advocate against banning internal combustion engine (ICE) vehicles, warned against automakers opting for an electric-vehicle (EV) only strategy amid high energy and raw material prices. Zipse was in […]

News

BMW aims to build five new battery gigafactories with partners

March 29, 2022 Scott Nordlund 0

BMW has announced that the company aims to build five battery gigafactories worldwide with various partners over the next few years. As per the announcement by Joachim Post, a member of the Board of Management, […]

BMW Tesla Model 3
News

Tesla outsells BMW in luxury U.S. sales for 2021

January 27, 2022 Darryn John 0

It looks like Tesla did outsell BMW and take the title of top selling luxury car brand in the United States for 2021, regardless or powertrain. The latest data from Cox Automotive shows Tesla sold […]

Model3ModelY
Model 3

Tesla tops list of luxury auto brands in China in December

January 17, 2022 Darryn John 0

Tesla can add yet another trophy to their awards cabinet. The Texas-based automaker was the top selling luxury automotive brand in China in December. According to registration data from the China Banking and Insurance Regulatory […]

News

Tesla tops IMD’s Future Readiness Indicator study for the third year in a row

January 12, 2022 Scott Nordlund 0

According to IMD, one of Europe’s top business schools, Tesla is the best set up to succeed in the future. IMD’s latest Future Readiness Indicator study looked at the automotive sector specifically, focusing on a […]

Tesla Model 3 vs BMW Merc Audi
News

BMW retains top US Luxury brand title, but Tesla is closing in

January 8, 2022 Scott Nordlund 0

For the third year in a row, BMW has held off rivals Lexus and Mercedes to claim the US luxury sales crown, but Tesla is making it uncomfortably close for the German automaker. In 2021, […]

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