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BMW spends billions to push its next-gen EVs into Tesla territory

Baua Electric

Vision Neue Klasse Vision sedan On the heels of announcing its record year in sales of all-electric vehicles last year, BMW says it is now investing $711 million (€650 million) to convert its main factory in Munich to exclusively produce electric vehicles by the end of 2027. It expects to sell half a million BEVs this year.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. Photo: BMW If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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The i4 EV is now the cheapest lease in BMW’s entire lineup

Baua Electric

Photo: BMW The all-electric BMW i4 is currently the most affordable car to lease in the German automaker’s lineup – gas cars included. BMW is a luxury automaker, so the i4 isn’t a cheap car. What’s more, the i4 isn’t even one of BMW’s entry-level models. That puts the effective monthly cost at $627. Get started here. –ad*

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BMW to introduce BMW 530e iPerformance plug-in hybrid at Detroit show

Green Car Congress

BMW will stage the world premiere of the new BMW 5 Series Sedan and the US premiere of the BMW Concept X2 at the North American International Auto Show (NAIAS) in January in Detroit. BMW ConnectedDrive will be showcasing a selection of new services. BMW ConnectedDrive will be showcasing a selection of new services.

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Major BMW, Ford, and Chevy supplier to make its US plant ‘flexible’ for ICE and EVs

Baua Electric

The company will also produce in North America for the first time its fourth-gen eight-speed transmission for plug-in hybrids, which ZF supplies in Germany for the BMW 7 Series and X5. Photo: ZF Gray Court/Courtesy of ZF To reduce your carbon footprint and live more sustainably, consider going solar. Get started today!

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Garmin’s Q1 results beat on strong demand for fitness, auto products – ET Auto

Baua Electric

In the first quarter, it launched Forerunner 165 series, the latest addition to Garmin’s wearable lineup of GPS running smartwatches, fitted with personalized adaptive training plans. Garmin’s first-quarter revenue surged 20% to USD 1.38 billion, compared with analysts’ average estimate of USD 1.25

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These are the best-selling used EVs – and what’s being traded in for them

Baua Electric

But the Tesla Model X, BMW i3, and Jaguar I-Pace have dropped off the list. BMW, which previously held second place, has slipped to seventh, while Tesla dropped off the list, allowing Hyundai to debut in eighth place. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels. Get started here. –ad*

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