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 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 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 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 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 […]
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, […]
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 […]
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 […]
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 […]
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, […]