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BMW Group extends joint venture contract in China until 2040

Green Car Congress

The BMW Group has extended the contract for the BMW Brilliance Automotive Ltd. The agreement on the contract extension was signed by the two joint venture partners back in October 2018, on BBA’s 15 th anniversary. BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd.

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Next generation BMW voice assistant to be based on Amazon Alexa technology

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The next-generation BMW voice assistant will be built on Alexa technology, according to Stephan Durach, Senior Vice-President Connected Company and Development Technical Operations BMW Group, and Dave Limp, Senior Vice President of Devices and Services, Amazon, at Amazon’s annual Devices and Services launch event.

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BMW Group uses Blockchain to drive supply chain transparency: “PartChain”

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The BMW Group is using Blockchain technology in purchasing to ensure the traceability of components and raw materials in multi-stage international supply chains. —Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. 2019 the pilot project focused solely on part tracking.

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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

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BMW i Ventures created a new $300-million venture capital fund with a strong focus on sustainability. This marks BMW i Ventures’ second dedicated investment fund, which is fully backed by BMW Group. With Fund II we will refocus our investment thesis to even better serve the needs of the ecosystem and the BMW Group as a whole.

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BMW Group sells more than 1M vehicles in first 5 months of 2018; 4.7% electrified; electrified sales up 41%

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The BMW Group sold more than a million vehicles worldwide (1,003,573 / +1.6%) in the first five months of 2018—the Group’s best Jan-May performance to date. This record result was achieved despite the ongoing global ramp-up of BMW X3 production and volatility in China due to changes in import duties. The new BMW i3s.

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BMW Group sets out code of ethics for the use of artificial intelligence

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The use of artificial intelligence (AI) is a central element of the digital transformation process at the BMW Group. The BMW Group already uses AI throughout the value chain to generate added value for customers, products, employees and processes. The BMW Group’s AI applications should be implemented so they work responsibly.

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BMW Group to introduce Mobileye REM in new models starting in 2018; crowdsourced data for autonomous driving

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BMW Group and Mobileye signed an agreement that will lead to the introduction of Mobileye’s Road Experience Management (REM) data generation technology in newly developed BMW Group models entering the market in 2018. The Volkswagen Group and Mobileye also recently signed a similar agreement. Earlier post.). Earlier post.)

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