BMW iNEXT To Get Battery Cells From CATL

BMW iNEXT confirmed to use CATL batteries. The upcoming Contemporary Amperex Technology Co. Limited (CATL) battery factory in Erfurt, Germany will supply battery cells for the all-electric long-range BMW iNEXT model. The cells for iNEXT will be produced from 2021, and then assembled into battery packs in the BMW Group plant in Dingolfing. “At the […]

Tesla now more valuable than BMW after market capitalization

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After Tesla beat out Ford and General Motors at last year‘s market capitalization, making them the most valued US carmaker, the Californians now also have beaten BMW. This now puts Tesla at number four on the global ranking; Right behind Toyota, Volkswagen and Daimler. Place three is not far out of reach for Tesla, however. […]

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Tesla Now Exceeds BMW In Valuation: Which Automaker Is Next?

It might not last for long, but this literally just happened. The big news a while back was Tesla overtaking Ford. Now, the electric automaker has surpassed yet another legacy carmaker in value. In Q3, Tesla reported its first-ever profit. Shortly thereafter, BMW reported reduced profits on the grounds of high spending for research and […]

BMW Confirms New Plug-In Hybrid X3 And X5 Models For Launch

The BMW X3 xDrive30e and X5 xDrive45e are supposed to come in 2019 and 2020, respectively Both the BMW X3 and BMW X5 are selling like hot cakes ever since the Bavarian carmaker revealed the newest generations of their SAV (Sports Activity Vehicles). For the BMW X3, a staggering increase of 60 percent in order […]

Karsan Jest Electric Is Powered By BMW i

BMW i3 motor and batteries are good for electric buses too. Karsan, a Turkish bus manufacturer, is offering all-electric buses called Jest Electric. The interesting part is that the powertrain and batteries are supplied by BMW. The Jest Electric received a 125 kW electric motor (it’s a small bus after all, with a top speed of just […]

BMW Profits Decline As Costs Of R&D Rises: Promises 12 BEVs By 2025

BMW develops 4 new all-electric cars BMW Group just released Q3 results and as earlier announced, the company is gearing up for rising costs of development (electrified and autonomous cars) that combined with other factors, negatively affect profits. The group delivered in nine months 1,834,810 cars (up 1.3%) and noted €72.5 billion in revenues (down 1.2%), […]

October 2018 Plug-In EV Sales Slide Into Top Three Of All Time

While October was behind September’s surge as expected, it was still one of the best months of all time for U.S. EV sales. Based on automakers’ sales reports and our estimates, we report a total of 34,094 plug-in electric vehicles were sold in the U.S. in October, compared to last year’s 14,315 and last month’s 44,589.  While it wasn’t […]