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BMW sales growth mostly electric as it passes combustion ‘tipping point’

Teslarati

As BMW joins several other automakers in following Tesla into electric vehicles (EVs), one executive from the luxury automobile manufacturer has said he expects sales growth to come primarily from electrified models at this point—noting that combustion engines have largely plateaued.

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BMW Group plans joint venture for MINI electric vehicles in China; LoI with Great Wall Motor

Green Car Congress

The BMW Group is in advanced discussions to ramp up the global success of its MINI brand through a new joint venture in China. A key element of the brand’s continued strategic development will be local production of future battery-electric MINI vehicles in the world’s largest market for electromobility.

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BMW, Brilliance Auto expanding China JV; all-electric iX3 planned for export outside China

Green Car Congress

The BMW Group and its partner Brilliance Automotive Group Holdings signed a long-term framework agreement to further expand their joint venture BMW Brilliance Automotive (BBA). The all-electric BMW iX3, produced by BBA from 2020, will find customers around the world. The BMW X3 is the sixth BMW model localized in China.

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BMW, Brilliance Auto expanding China JV; all-electric iX3 planned for export outside China

Green Car Congress

The BMW Group and its partner Brilliance Automotive Group Holdings signed a long-term framework agreement to further expand their joint venture BMW Brilliance Automotive (BBA). The all-electric BMW iX3, produced by BBA from 2020, will find customers around the world. The BMW X3 is the sixth BMW model localized in China.

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The European electric vehicle market continues to grow

Setec Powerr

According to data released by BloombergNEF, Europe now accounts for 34% of global electric vehicle sales and is the second largest worldwide market after China. million electric vehicles will be sold in Europe in 2021, up 66% year-over-year, accounting for 19% of all new vehicle sales and only 3.6%

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BMW Group, Daimler, Ford, Audi & Porsche JV for up to 350 kW CCS ultra-fast charging network along major highways in Europe

Green Car Congress

BMW Group, Daimler AG, Ford Motor Company and Volkswagen Group with Audi and Porsche have signed a Memorandum of Understanding to create the highest-powered charging network in Europe. The goal is the quick build-up of a sizable number of stations in order to enable long-range travel for battery electric vehicle drivers.

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BMW AG takes 15.16% stake in SGL Carbon SE

Green Car Congress

BMW AG has secured a 15.16 percent stake in SGL Carbon SE, reflecting its strengthening of focus on lightweight construction and the use of carbon fibre reinforced plastics (CFRP) in automobile manufacture. The BMW Group and the SGL Group already operate a joint venture, SGL Automotive Carbon Fibers (B Earlier post.).

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