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BMW Offering Significant Discounts On the Polarizing XM SUV

The Truth About Cars

Despite its legitimately impressive performance, the BMW XM hasn’t been a blockbuster hit. Its price and, um, controversial styling are the most likely culprits, but BMW’s new offer (somewhat) takes care of half of those challenges. percent financing deal. percent financing deal. second 0-60 mph time.

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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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BMW Group investing in lithium extraction company Lilac Solutions

Green Car Congress

To promote environmentally-friendly, resource-efficient extraction of lithium, the BMW Group is investing , through its venture capital fund BMW i Ventures, in US startup Lilac Solutions. The BMW investment was part of Lilac’s just-closed US$150-million Series B financing.

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BMW i Ventures co-leads investment in circular supply chain company Cyclic Materials; recycling rare earth elements

Green Car Congress

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

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BMW i Ventures announces lead investment in Mangrove Lithium Series A; green lithium refining technology

Green Car Congress

BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. BMW i Ventures is joined by existing investor Breakthrough Energy Ventures. —Kasper Sage, Managing Partner at BMW i Ventures.

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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. This help to show that BMW is more of a bank than a car company.