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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. In this respect, we are quite clearly in the fast lane.

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Tests commissioned by T&E find real-world PHEV CO2 emissions much higher than claimed

Green Car Congress

The NGP says the new tests confirm that lawmakers should base taxes for PHEVs on their actual pollution and stop subsidizing their sale. Three recent PHEV models, a BMW 3 Series, Peugeot 308 and Renault Megane, emitted more CO 2 than advertised when tested on the road even when starting with a full battery.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Alternative powertrain sales.

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ICCT Senior Fellow projects incremental manufacturing cost of hybrids can drop to ~$1,200 by 2020; subsequent surge in adoption to ~70% of new vehicle sales by 2030

Green Car Congress

I don’t think there is going to be much of a sales increase up to about 2020 or so. I don’t think there is going to be much of a sales increase up to about 2020 or so. It will take more time to build up sales so that you can actually design the vehicles around the hybrid system and that’s where you get a lot of cost reduction.

2020 277
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Tesla continues to dominate EV sales in the UK

Push EVs

BEVs actually gained YoY volume by roughly 20%, to 12,310 units, but these gains were submerged by the bigger push of petrol sales. Tesla still leads, though Volkswagen has climbed, and BMW fell by one spot. BMW however did lose some weighting, whilst both Tesla and VW gained, growing their gap over all the others. PushEVs.

Plugin 59
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EV sales in Norway explode ahead of policy changes

Push EVs

BEVs saw pull-forward sales, with volume around 2.5x Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes. The reason for the high volume of these two powertrains was pull-forward sales, ahead of looming tax changes in January 2023. So €4,100 more overall, compared to its cost in December.

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CATL warrants its new EV battery to last for a million miles or 15 years – Charged EVs

Baua Electric

CATL’s batteries are used by Tesla, Ford, BMW, Toyota, Mercedes, Kia, Toyota and other automakers. According to SNE Research , the company almost doubled its sales in the US and Europe last year. There’s more: in January, CATL said it would reduce the cost of LFP battery cells by 50% by the middle of this year.

Miles 52